Reuters: Money News: Gold sinks below $1,200 for first time in nearly 3 years

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Reuters: Money News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

Gold sinks below $1,200 for first time in nearly 3 years Jun 28th 2013, 01:09 NEW YORK/LONDON (Reuters) - Gold sank 2 percent on Thursday, as month-end book squaring and relentless liquidation by institutional investors sent bullion prices below $1,200 per ounce for the first time in nearly three years.

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