Wed, 01 May 2013 14:51:03 GMT
Gold records largest monthly drop in April
Gold positions in exchange-traded products tumbled 174 metric tons in April recording the biggest monthly fall all-time after prices started to drop and reduced the funds value by $17.9 billion as investors seek for riskier assets amid optimistic global economy outlook. June gold futures declined 0.5% to $1,465.40 an ounce on the Comex, while prices are down 13% in 2013.