Photographer: Ron D'Raine/Bloomberg

Gold Forges Ahead as Citigroup Says Haven Role `Back in Vogue'

  • Citigroup raises price forecast for 2016 by 7.5 percent
  • Holdings in gold-backed ETPs climb to highest in two months

Gold climbed to the highest in more than a week and investors boosted holdings in bullion-backed funds as global market turmoil spurred demand for a haven.

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