Wednesday, August 14, 2013

Hedge Funds Increase Gold Position by 74%

One of the big stories in markets in 2013 so far has been the epic crash in the gold market.
Gold reached its highest price of the year on January 17 – at $1686 an ounce – before falling 28.8% to a low of $1200 an ounce on June 27 (since then, it's bounced back a bit, and is now trading around $1320).
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