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Gold at highest in over two years on renewed Brexit concerns

Gold rose to its highest in more than two years on Wednesday, as investors piled back into the safe-haven asset after the benchmark US government bond yields hit all-time lows amid renewed market jitters over Britain’s decision to leave the European Union. Asian share markets turned tail as fears over instability in the European Union returned with a vengeance, sending the pound to three-decade lows and hammering risky assets of all stripes.