Gold loses its lustre

The investor sell off in gold continues pushing prices below $1,400 an ounce.



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  • Gold dropped below $1,400 an ounce Monday, it’s lowest level in two years as investors continue to sell off the asset.
  • Thinking of a career move? Consider one of these high-paying professions listed in Canadian Business’ Best Jobs 2013 ranking.
  • The spring buying season has arrived, though the market appears to have cooled considerably from last year. Resale home activity was up 2.4% in March over February but down over the same year-ago period, CREA said Monday. In fact, transactions were down more than 15% in March 2013 compared to March 2012. Prices meanwhile rose 2.5 in the same period.
  • iShares launched three new unhedged ETFs in the Canadian marketplace Monday tracking US, developed international and emerging markets. Visit iShares for more information.
  • Would you buy generic pet food? What about diapers and batteries?

One comment on “Gold loses its lustre

  1. Gold prices are completely speculation, if you can't handle the short term swings then stay away from gold.


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