Gold investors losing interest..

Holdings of gold fell by more than 100,000 ounces, following outflows from most of the major funds, marking the biggest one-day decline in three months, reflecting some of the investor shift away from bullion though central banks were buying as much as four tonnes of bullion in recent weeks. Gold normally has an inverse relationship to the US currency. This correlation has hit a low of 60 percent - meaning that gold is less prone to move in the opposite direction to the dollar.