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Is Gold a Commodity?

Tuesday, 1 May 2012 | 1:21 PM ET
Gold
Diamond Sky Images | Photodisc | Getty Images
Gold

In a decidedly bullish panel on commodities at the Milken Institute Global Conference, one area of bearishness stuck out: gold.

The problem with gold is that the metal doesn't trade based on the fundamentals of supply and demand these days, Joshua Harris of the private equity group Apollo said.

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