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Gold loses luster among small investors amid sharp price drop

Tuesday, April 16, 2013 1:59
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(Before It's News)

The price of gold has fallen more than 13% in the last two trading days. The losses have been agonizing for investors who poured in during recent years.

Gold has lost some of its gleam among small investors who once saw it as a financial salvation.

The precious metal suffered its sharpest price drop in three decades, as the frenzy that drove gold to fantastic heights in recent years reversed course with a vengeance.

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