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Tuesday, April 16, 2013

Gold Still in Free-Fall, Likely to Drop Further

Global economic worries had local consumers smiling on Monday, as gold prices continued their plunge.

The reason for the hefty fall was said to be fears that the US Federal Reserve could end its monetary stimulus later this year and indebted nations in the Euro zone could follow the Cyprus path by selling part of their gold holding to stave off a crisis.

Continue Reading Story Deccan Chronicle Bangalore