The commodity, much loved by investors over the past decade, appears to have gone into freefall.
Gold price falls for the fifth month in a row, the longest run of monthly falls since 1996
The price of gold fell for the fifth month in a row in February, meaning that the precious metal has completed the longest run of monthly declines since 1996.
Spot gold fell to $1,579 per ounce yesterday, having plunged through the $1,600 an ounce last week – the first time it had breached this level since August.
