<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 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.

John Paulson's Gold Fund Got Obliterated In April

Rob Wile

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