| Gold ETFs lost more than 1% on Monday along with bullion prices to fall into the red for 2012. SPDR Gold Shares (NYSEArca: GLD) declined 1.3% in afternoon trade and touched a session low of $151 a share. It was the first time this year GLD has fallen below its 2011 closing price of $151.99 a share.
Gold prices are stuck under $1,600 an ounce and futures are trading at the lowest levels in over four months. Fears that Greece will leave the euro are driving investors to U.S. Treasury bonds and pushing the dollar higher...............................................Full Article: Source
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