Global stock markets are falling and the price of gold is rising
Global stocks fell sharply in October, with the Dow and S&P losing more than 4%. Despite a modest rebound, the downward trend continues, affecting stocks worldwide. Asian stocks are slumping, Australian shares are down and European stocks have hit a 22-month low. Worryingly, the price of gold, a traditional safe haven investment in times of trouble, is on the rise.
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