Photo Credit: Simon Dawson/Bloomberg

By Glenys Sim, Phoebe Sedgman & Debarati Roy

Gold plunged the most in 33 years amid record-high trading as an unexpected slowdown in China’s economic expansion sparked a commodity selloff from investors concerned that more cash will be needed to cover positions.

China’s economy in the first quarter grew less than forecast by economists, government data showed today.

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