Gold prices advanced on Wednesday to a fresh five-week high as banking-sector worries resurfaced with shares of Credit Suisse plunging, reigniting fears about the U.S. banking-sector contagion going global and pushing investors to anticipate a policy pivot from the Federal Reserve.
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Investors shrugged off a spate of U.S. economic data released Wednesday, including a report on wholesale prices that showed they declined 0.1% during the month of February, as banking-sector fears took…
