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Gold, VIX Jump Higher on Malaysian Plane Crash

July 17, 2014 12:09 PM EDT

Traders are moving to risk trading vehicles amid news a Malaysian Air flight with 295 on board crashed in Ukraine near the boarder of Russia and may have been shot down:

  • The VIX is up 16%, the most since April.
  • Spot gold is up $22.40 to $1322
  • GLD (NYSE: GLD) is up 1.7%


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