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Gold set for worst quarter in 45 years, copper, oil hit too

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SINGAPORE – Gold traded near its lowest in almost three years on Friday, on track for its worst quarterly performance since at least 1968, as worries that the US will wind down its stimulus punctured confidence in the metal as an inflation hedge. Commodities have been hammered over the past three months by concerns that the era of cheap US central bank money is coming to an end as the world's top economy improves, with oil also heading for its weakest quarter in a year...

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