<p><table class="image-container float_right" width="200"><tr><td><div class="image"><img src="http://static4.businessinsider.com/image/513dd8f369bedd6a2400001d-400-300/screen shot 2013-03-11 at 9.14.56 am.png" border="0" alt="John Paulson" /></div><p class="source">Reuters</p></td></tr></table><keyword id="544" type="PERSON" weightage="60" keywordseo="John-Paulson">John Paulson</keyword>'s <keyword id="18712" type="ENTERTAINMENT" weightage="60" keywordseo="Gold">gold</keyword> fund was down 27% in April, <a href="http://www.bloomberg.com/news/2013-05-07/gold-declines-as-rebound-hurts-physical-demand-silver-tumbles.html">according to Bloomberg</a>.</p>
<p>By the middle of the month, he already <a href="http://www.bloomberg.com/news/2013-04-12/paulson-loses-more-than-300-million-as-gold-falls.html">lost</a> more than $300 million.  </p>
<p><span>“Paulson has roughly $9.5 billion invested across his hedge funds, of which about 85 percent is invested in gold share classes.”</span></p>
<p><span></span>Gold was up as much as $1,600 before declining to as low as $1,323.</p>

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John Paulson's Gold Fund Got Obliterated In April

ReutersJohn Paulson's gold fund was down 27% in April, according to Bloomberg. By the middle of the month, he already lost more than $300 million. “Paulson has roughly $9.5 billion invested across his hedge funds, of which about 85 percent is invested in gold share classes.” Gold was up as much as $1,600 before declining to as low as $1,323.

ReutersJohn Paulsons gold fund was down 27 in April, according to Bloomberg. 
By the middle of the month, he already lost more than 300 million.

John Paulson's Gold Fund Got Obliterated In April

Rob Wile

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