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

Why gold prices are down right now

Posted on 11 November 2013

Gold prices are the honey badger of precious metals right now. As 2011’s very popular YouTube video showed us, the honey badger makes moves that don’t make sense - it “don’t care.” And neither does gold.
Like the honey badger, gold prices just don’t seem to care that the world has teetered on the brink of destruction all year. They just keep heading lower. Gold prices have been trending down for most of this year. On Jan. 2, the London spot price was $1,693.75 per ounce. As of this writing, the last bid was $1,286.88, a loss of 24%………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 37608 posts on Opalesque Commodities Briefing.


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