US regulators are scrutinising whether prices are being manipulated in the world's largest gold market, based in London.
Investors question whether gold has lost its shine as China growth picks up and US shows signs of recovery.
M&G's Graham French has been selling down his exposure to commodities after falling prices and a ‘poorly managed' sector hit the performance of his Global Basics fund last year.
Nicholas Brooks, head of research at ETF Securities, said investors may only be mid-stage in a bull market for commodities.
The price of gold may have struggled recently but a peak price level remains an "unthinkable" development, according to Angelos Damaskos, CEO at Sector Investment Managers.
Demand for ‘safe havens' starts to decline as outlook for developed economies improves.
Artemis Investment Management co-founder John Dodd has backed financier Nathan Rothschild in his boardroom battle over coal miner Bumi.