Paulson’s PFR Gold Fund Fell 23% in June to Make Year’s Loss 65%

Paulson’s PFR Gold Fund Fell 23% in June to Make Year’s Loss 65%

Duncan Chard/Bloomberg

Gold dropped 12 percent in June, the most since October 2008, after Federal Reserve Chairman Ben S. Bernanke said he may start reducing bond purchases that have fueled gains in financial markets globally.