INFOGRAPHIC: Explaining gold’s big drop

Saxomarkets graphed some of the reasons that the rug was pulled out from gold last month when the precious metal suffered its biggest two-day drop in 30 years.

Since the start of the year, gold is down 16.34% or US$270.70. Spot gold currently trades at $1,386 per ounce.

The big drop started with Cyprus.

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