Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
The spot gold price took its worst monthly tumble in November for 35 years, continuing the precious metal's steady decline in 2013.
As of Friday afternoon GMT, spot gold showed a decrease of around 5.5 percent for November. A price fall of such magnitude hasn't been seen in November since 1978, according to data from the World Gold Council, when prices plunged 20 percent.
"Gold's topsy-turvy year rolls on," Adrian Ash, head of research at BullionVault, said in a research note on Friday. "Thanks to the surging stock market, now at 6-year highs worldwide, there have been worse years for gold prices. But not many. By our maths, in fact, only two."
November is historically a good month for gold. Bullion has gained 1.4 percent on average during the month over the last 45 years, according to research by online gold exchange BullionVault.
Ash pointed towards waning demand in India as a key reason behind the move south. Net gold imports to China – another major market for gold -- remain strong, but imports to India have been hit by a government clampdown. Fears over India's current account deficit have led to officials trying to curb the high level of gold imports.
India was until recently the biggest consumer of gold, but has been overtaken by China, according to the World Gold Council. Diwali festivities and the upcoming wedding season are seen as traditional drivers of gold demand in November for India.
Spot gold rested at $1,252 an ounce on Friday and was headed for its biggest monthly drop since June. It has lost over a quarter of its value year-to-date, putting it on track to post its first annual loss in 13 years.
(Read More: Where are Treasurys going? Just watch gold)
Gold surged around 400 percent between 2002 and 2012, helped by low interest rates, extra liquidity from the U.S. Federal Reserve and concerns over the global economy, which drove investors towards perceived safe-haven assets like bullion.
But with the Fed looking to take its foot off the gas in terms of its $85 billion per month asset purchases soon, many analysts predict gold could continue its move lower.
Citi said this month that gold was about to enter "phase two" of its bear market and its downside target for the metal is now $1,111 per ounce. Goldman Sachs, meanwhile, predicts a "significant decline" in gold in 2014, with a fall of at least 15 percent.
By CNBC.com's Matt Clinch. Follow him on Twitter