Gold has been losing its lustre and is heading for its first annual drop in 13 years. Photo: Bloomberg
Gold has been losing its lustre and is heading for its first annual drop in 13 years. Photo: Bloomberg

Gold drops below US$1,200 for the first time in five months

Precious metal drops below US$1,200 an ounce as trimmed stimulus hits demand for safe assets

Gold has been losing its lustre and is heading for its first annual drop in 13 years. Photo: Bloomberg
Gold has been losing its lustre and is heading for its first annual drop in 13 years. Photo: Bloomberg
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