{"id":1844,"date":"2013-04-11T09:36:25","date_gmt":"2013-04-11T13:36:25","guid":{"rendered":"http:\/\/www.juniorminingnews.com\/?p=1844"},"modified":"2013-04-11T09:36:25","modified_gmt":"2013-04-11T13:36:25","slug":"what-is-hurting-gold-miners","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1844","title":{"rendered":"What is hurting gold miners?"},"content":{"rendered":"<p><em>The Real Edge Magazine<\/em><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-full wp-image-1845\" title=\"gold160\" src=\"http:\/\/www.juniorminingnews.com\/wp-content\/uploads\/2013\/04\/gold160.jpg\" alt=\"\" width=\"160\" height=\"133\" \/>Gold suffered its worst price in a week today, led by heavy fund liquidation a day after European Commission documents revealed Cyprus is required to sell around 400 million euros\u2019 worth of gold reserves under its rescue plan.<\/p>\n<p>Prices were also dragged down on heavy outflows from exchange-traded funds, a second decline in six weeks in Goldman Sachs\u2019 2013 gold price estimate, and insecurity over the U.S. Federal Reserve\u2019s motivation plan.<\/p>\n<p>Gold hit its worst since April 5 of $1,553.10 an ounce after reporting its largest intraday decline since Feb. 20 on Wednesday, accelerating losses after news of the Cyprus gold sale plan.<\/p>\n<p><a href=\"http:\/\/www.therem.org\/whats-hurting-gold-miners-kinross-gold-kgc-iamgold-iag-yamana-gold-auy-goldcorp-gg-newmont-mining-nem\/122903\/#.UWa64rT3DFw\" target=\"_blank\"><strong>Continue reading . . .<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold suffered its worst price in a week today, led by heavy fund liquidation a day after European Commission documents revealed Cyprus is required to sell around 400 million euros\u2019 worth of gold reserves under its rescue plan.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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