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    Gold set to dip further as investment demand falls


    Bloomberg Feb 28, 2013, 05.13AM IST







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    march to june the weak months for precious metals.

    http://articles.economictimes.indiatimes.com/2013-02-28/news/37352180_1_etp-holdings-comex-in-new-york-gold-for-immediate-delivery

    LONDON: Gold fell in London on Wednesday after four sessions of gains, heading for the longest run of monthly losses since 1997, as mounting confidence that economies are recovering curbed demand for a protection of wealth.

    Gold is set to drop for a fifth month and holdings in exchange-traded products (ETP) backed by the metal are sliding on signs of global economic growth is improving and as some Federal Reserve policy makers advocated more flexibility in stimulus. Global equities reached a fouryear high on February 20.
 
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