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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Gold price logs worst annual loss in 32 years

Posted on 02 January 2014

Gold fell to a six-month low in thin year-end trade on Tuesday, notching up its biggest annual decline in 32 years as prospects for global economic recovery prompted investors to switch to riskier assets.
After a 12-year bull run, gold has shed 28 percent in 2013, with the U.S. Federal Reserve’s plan to step away from ultra-loose monetary policy undermining the investor rationale for holding bullion………………………………………..Full Article: Source


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