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Growth is stalling, the euro zone is flailing, the US Fed is spent and risk markets are melting down - yet gold, the one asset that has consistently rallied in similar circumstances over the past year, is in a tailspin.
After a month of unprecedented volatility that has rattled some investors' confidence in gold's decade-long winning streak, the question is obvious: Is this what the popping of a gold bubble looks like?
The answer, of course, isn't obvious.
Text & Images: Reuters