Gold the biggest loser

2013-12-25 12:15

London – US stocks are on track to become the top investment in 2013, with the S&P 500 index on course to mark its best year since 1997.

Gold was the biggest loser with a year-to-date loss of 28.2%. Generally seen as a safe haven, gold has been hit by the improvement in risk appetite and expectations for a strong dollar, which would make gold more expensive as it is priced in dollars.

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