Gold sinks into bear market on institutional exodus

Blog by Brad Herman | April 14th, 2013

Gold sank almost 5 percent into bear territory on Friday as institutional investors fled bullion in favour of other safe-haven assets amid concerns about central bank sales and souring sentiment.
The breadth of the sell-off will underline some expectations that gold's meteoric rally may be coming to an end after 12 years of gains.
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Gold sinks into bear market on institutional exodus

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