Buyers Renew Gold Bets as New Fed Chair Looms

Investors are increasing bets on structured notes that profit on gains in gold, as its price rebounds on the prospect of the Federal Reserve keeping interest rates low and the U.S. taking military action in Syria.

Banks in August sold $107.4 million of U.S. notes tied to gold or companies that mine the precious metal, the biggest month since January, according to data compiled by Bloomberg.

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