Gold rout costs central banks $560B.

With holdings of 19% of all gold mined, the plunge in the price of bullion has cost central banks $560B this year, while hedge-fund titan John Paulson has lost at least $1.5B. Paulson began 2013 with $9.5B invested across his hedge funds, with 85% of that in gold share classes. However, Paulson's gold bet is ahead over the long term, while his recent losses have probably been offset by gains in his non-bullion holdings.