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On the surface they may seem calm and collected, even confident, but down deep gold bugs are feeling jittery over falling gold prices.

Signs of strengthening global recovery, improving investor sentiment, and equity market rallies are collectively working to curb investors’ enthusiasm for gold, putting downward pressure on the yellow metal, reports FT.com.

Gold’s given up $300 from its record high of $1,900 per ounce in 2011.

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Originally published on Advisor.ca