Investors question whether gold has lost its shine as China growth picks up and US shows signs of recovery...
Gold has suffered the longest run of monthly falls since 1997 after the metal declined for the fifth month in a row in February.
The price of gold has fallen through $1,600 for the first time in six months as investors continue to pile into risk assets such as equities.
Oil prices dropped yesterday as economic data from China and Europe renewed concerns about a slowdown in global demand.
The gold spot price rose to its highest level this year yesterday as global equity markets started the quarter with strong rises.
Gold has climbed to its highest level in more than five months as speculation the next round of quantitative easing (QE) in the US is just weeks away pushed the precious metal higher.