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Gold's magic seen fading after biggest advance since 1980

China's New Year holidays will affect consumption and there is no other catalyst for a surge, says an analyst

While demand for a haven like gold could keep prices elevated, history shows that time of year for the biggest rallies is now past.


THE world's best-performing commodity this year may be about to lose its monkey magic.

Gold, after posting its biggest rally to start a year since 1980, will drop this month as Chinese consumers slow purchases that surged before the start of the Chinese New Year, according...