30.05.2014 - Gold Prices Drop to 16-Week Low
Gold prices sank to their lowest level in 16 weeks as worries about political friction in Eastern Europe subsided and amid signs that the U.S. economy continues to recover from a winter slowdown. Gold has hovered around $1,300 for much of the past month, as the simmering conflict between Russia and Ukraine stoked investor appetite for the haven asset. Some investors believe gold holds its value better than other assets during geopolitical upheaval because it doesn't have links to governments or countries...............................................Full Article: Source
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