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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
Gold earrings are seen on display at a store in New York.

Gold prices hit two-year lows on Monday in their biggest one-day drop since 1983 as an exodus of institutional money fueled expectations that bullion's 12 years of gains as a haven in a troubled world may have stalled.

Here are key dates in gold's trading history since the early 1970s:

(Compiled by Josephine Mason, Clara Denina and Frank Tang)

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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
Gold necklaces are pictured in a window at the Vicenza Oro Choice exposition in Vicenza.

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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
A man looks at jewels displayed for auction after being pawned by their owners at the Credit Municipal public pawnbroker in Nice.


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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
A sales representative poses behind a nine-tael 24K gold in the shape of a dragon forming the numerals 2012.


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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
A watch is displayed in a glass cabinet at a newly opened shop of Swiss luxury brand Piaget at the Bahnhofstrasse in Zurich.


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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
UAZ automobile exhibit, made amber and which costs about $650,000, is displayed during the Junwex Petersburg jewelry exhibition in St. Petersburg.

Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
Second hand gold jewellery items are displayed at Ginza Tanaka store in Tokyo.


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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
Figurines in 24K gold.

Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST


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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST

Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST


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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
Gold rings are displayed for customers at a jewellery shop in Seoul.


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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
A customer tries on a gold necklace at a gold shop in Hanoi.


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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
Five-tael (6.65 ounces or 190 grams) gold bars are seen at a jewellery store in Hong Kong.

Dec 29, 2011 - Year-end liquidation by funds and euro zone debt fears push bullion briefly into bear market territory. Gold falls to a six-month low at around $1,520 an ounce.

Feb 29, 2012 - Gold touches a high of $1,790.30 an ounce before sliding 5 percent on the same day to below $1,690 after Federal Reserve Chairman Ben Bernanke keeps mum on possibility of another round of monetary easing.

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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
An employee holds a gold key during a photo opportunity at a jewellery shop in Seoul.


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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
A goldsmith poses with gold bangles in his jewellery shop in Amman's gold market.

Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
Gold bars and jewellery are displayed in a shop in Bangkok's Chinatown.


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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
A gold necklace creation for the 3rd Auditions China gold jewellery design competition is displayed in Beijing.


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Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
A gold necklace creation for the 3rd AuDITIONS China gold jewellery design competition.

Milestones: The rise and fall of gold prices

Last updated on: April 19, 2013 10:04 IST
Visitors from mainland China tour a jewellery store displaying a hawk-shaped golden figurine.
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