One-kg 24K gold bars are displayed at the Chinese Gold and Silver Exchange Society, Hong Kong's major gold and silver exchange, during the first trading day after the Chinese New Year holidays, in Hong Kong in this February 14, 2013 file photo. Gold fell below $1,500 per ounce on April 12, 2013, a drop of more than 20 percent from its record 2011 highs, putting it in bear market territory for the first time since May 2012.
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