05.11.2014 - Gold price could fall below $US1,000
Something worth its weight in gold could soon be worth a lot less. An American economic recovery could sink gold below $US1,000 per fine ounce by the end of 2015. The precious metal hit a four-and-a-half year low of $US1,165 per on Monday night. Its value is expected to fall deeper as speculators turn to the greenback. "We're in the phases of a multi-year cyclical bull run for the US dollar," IG chief market strategist Chris Weston said...............................................Full Article: Source
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