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Gold assets head for biggest monthly decline since December 2011

Posted on 30 January 2013

Gold holdings in exchange-traded products are poised for the biggest monthly decline in more than a year as global economic recovery curbed demand for the metal.
Assets contracted 0.8 percent so far in January, the largest decrease since December 2011, according to data compiled by Bloomberg. The holdings, which reached a record in December, dropped to a two-month low of 2,610.272 metric tons………………………………………..Full Article: Source


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