Friday, 17 May 2013

Wall Street Journal: Gold's Allure Is Starting to Fade

The bears are mauling gold.

The metal fell for a sixth consecutive trading session on Thursday, as investors continue to flee toward assets that promise higher returns.

The string of losses, which add up to a decline of 5.9%, is the longest since December 2011. The losing streak is pushing gold back toward two-year lows.

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