Description: Gold sank almost 5 percent into bear territory on Friday as institutional investors fled bullion in favour of other safe-haven assets amid concerns about central bank sales and souring sentiment.

Source: BNN.ca – video report

Date: Apr 12, 2013

Link: http://www.bnn.ca/News/2013/4/12/Gold-heads-for-third-weekly-drop.aspx

Questions for Discussions:

• What does this report say about the movement in gold prices?
• How should investors deal with the current situation?