Gold Dips to One-Month Low, On Track for Most Extended Downturn Since 2009

Reuters reported that gold is continuing its descent and is nearing a one-month low, while heading towards the largest downturn since 2009.

As quoted in the market report:

If gold ends lower on the day, it would be its longest losing streak since March 2009. The drops have already helped to fuel another scramble for bullion that has push Asian premiums for physical gold to record highs.

To view the whole Reuters report, click here.