Gold trades at most bearish market in last 3 years

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Source: Bloomberg
© Scanpix/FP
Gold is traded at the most bearish trend in last three years as traders and investors sold the metal held in exchange-traded products in a record amount and the prices fall in a bear market. Gold declined by 12% to $1,474.95 an ounce so far this year in London following the previous 12 years of gains, while the metal is still expected to drop next week.

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