Gold Rebounds From Eight-Month Low Amid Syria Airstrikes
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Gold advanced from an eight-month low after airstrikes in Syria boosted demand for the metal as a haven.
The U.S. and its Arab allies launched a barrage of airstrikes against Islamic State positions in Syria. Sales of gold coins by the U.S. Mint reached 43,200 ounces so far in September, heading for the best month since June and topping August’s total by 73 percent. Bullion has declined 7.6 percent this quarter.