| Gold prices have always depended on economic factors in the US and abroad: When the housing meltdown occurred in 2008, for instance, the commodity's price began its ascent to all-time highs. Despite the asset's decline to $1,641.80 per ounce thanks to the financial woes in Europe, the best question to ask when investing in gold is this: What will happen to the US economy in the next 5 years?
With the US showing little to no sign of recovery, gold prices are likely to stay high.............................................Full Article: Source
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