Spot gold closes at $1,188.68/ounce, lowest since August 2010

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Gold Headed for Biggest Decline in 30+ Years for 2013

December 20, 2013 8:46 AM EST

Gold has long been associated with a firm store of value, but that moniker is at risk following its bleak performance in 2013.

Market data has gold looking to end 2013 down around 30 percent. It would be the precious metal's first annual loss in 13 years and its largest decline since 1981.

While many... More