Gold Heads for Longest Run of Monthly Declines Since 1997 – Bloomberg 02-27-13

Salient to Investors:

Gold futures are heading for the longest run of monthly declines in 16 years. Gold ETF holdings fell to a five-month low.

Vedant Mimani at Atyant Capital Mgmt said the safe-haven premium is definitely falling. Credit Suisse said investors tend to buy less gold in an environment where growth is stabilizing.

Read the full article at http://www.bloomberg.com/news/2013-02-27/gold-heads-for-fifth-monthly-drop-as-investor-holdings-plummet.html

 

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