Tuesday 31, December 2013 by Matthew Amlôt

Gold set for biggest annual loss since 1981

Gold fell over 1 percent to under $1,200 (AED 4,400) an ounce on Monday, heading for its biggest annual loss in more than three decades at nearly 30 per cent, as a willingness to take on more risk and the prospect of a global recovery tarnished bullion's shine, according to Reuters.

Features & Analyses