Demand appears to be sluggish in China and India, the two major markets

More retail investors in Asia are seeing gold as an investment opportunity rather than a safe-haven asset. (Photo by Miki Kamiyama)
TOKYO — Gold prices have been falling as expectations build for U.S. interest rate hikes and investor attention turns toward stocks, and as Asian investors who were previously purchasing gold exchange-traded funds (ETFs) become more bearish.
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