 "The $200 trillion gold rush that has reshaped global wealth management")
Gold’s recent surge may have hit a speed bump.
Bullion posted its first loss of 2019 on Friday and the biggest in two weeks as stronger-than-expected US payrolls data crimped demand for the metal as a haven. The decline eroded gold’s weekly gain, which was the third straight.
The slide comes after bullion rose above $1,300 an ounce earlier for the first time since June as investors piled into the metal amid a slump in equities, a U.S. government shutdown and mounting concerns over the outlook for global economic growth. Haven demand for bullion was also curbed Friday by the prospect of
