Gold spiking from eight-year worst streak

Note: This section contains information in English only.
Source: Bloomberg
Bullion traders forecast prices to bounce back from the longest eight-year losing streak after mounting concern that the U.S. policy makers are not doing enough to supervise the budget deficit stimulates demand for a wealth protection. Gold dropped 1% to $1,647.35 an ounce, while it climbed 7.1% in 2012; presently it is poised for a loss for the six week, the weakest since May 2004.
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Fri, 04 Jan 2013 08:46:02 GMT

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