Gold concluded another crummy quarter, finishing Q1 at $1594.80, down $80/oz., or 4.8%. Combined...

|By:, SA News Editor

Gold concluded another crummy quarter, finishing Q1 at $1594.80, down $80/oz., or 4.8%. Combined with its downbeat end to 2012, gold has dropped 10% over the past two quarters for its first back-to-back quarterly drop since 2001. The metal's 1.1% gain for March offers a bit of hope for gold bugs, but it has dropped in four of the past five sessions and 12 of the past 18 weeks.