16.12.2011 - Gold experiences an identity crisis
With safe havens like these, who needs risky assets? Gold is down 9.8% in December after Thursday's 0.6% decline, the fourth consecutive daily drop. The sell-off has lopped almost $171 off the price, leaving bullion at $1,574.60 a troy ounce, the lowest closing price since July 12. The decline accelerated this week even as frustration mounted at halting moves by European leaders to address the continent's sovereign-debt crisis...............................................Full Article: Source
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