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Commodities Briefing - Categorized | Bullion/Gold, Price Watch, Trends more

Is gold’s price drop just the beginning?

Posted on 24 April 2013

The collapse in the price of gold has surprised many investors, but it really shouldn’t be for those who know their financial history.
Gold closed at an all-time high of $1,895 on Sept. 5, 2011. While it had dropped to $1,690 a year later, an upward swing caused many to predict that gold was again on the rise. Those predictions and the almost uninterrupted rally since 2002, when the precious metal was trading below $300, drove investor interest in gold………………………………………..Full Article: Source


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VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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