Gold Assets in Fund Paulson Holds Drop to Lowest in Four Years

Gold Assets in Fund Paulson Holds Drop to Lowest in Four Years

Jean Chung/Bloomberg

Bullion lost 13 percent this year, heading for the first annual drop since 2000, as equities rallied and some investors lost faith in gold as a store of value, cutting holdings and wiping $36.6 billion from the value of global ETPs.