GOLD prices failed to sustain rallies after hitting a record high of 1447.77 the previous week.
Focus is now shifting to equities and riskier assets while the unrest in the Arab world, Japan’s nuclear crisis and the European debt worries are relegated to the backburner. In the first quarter, gold prices climbed 1.3%, marking the 10th straight gain and longest rally since at least 1975. The precious metal has advanced 27% in the past 12 months.
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