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Gold starting to lose glitter following slump
Sudden fall in price after recent highs leaves some investors feeling metal has peaked and cash is better option.
Last Modified: 27 Sep 2011 04:55

After hitting a high of $1,900 an ounce in early September, the price of gold has fallen to just above $1,500.

European policymakers are struggling to resolve the region's debt crisis, and such fears would normally drive the price of gold higher.

But with the commodity already at such lofty heights, many investors now feel the only really safe bet is cash itself, and hence the selling.

Al Jazeera's Azhar Sukri reports.

Source:
Al Jazeera
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