06.11.2014 - Gold rout sends price to 4-year low, $1,000/oz exposed
Gold sunk below $1,150 per ounce on Wednesday to its lowest since mid-2010, opening the way for a fall to $1,000 as a surging dollar and stronger share prices weaken the investment case for non-yielding bullion. Silver fell even harder to hit its cheapest since February 2010 at just above $15 an ounce. Spot gold, which skidded to its lowest since April 2010 at $1,143.66 an ounce, was trading down 2 percent at $1,145.05 by 1122 GMT...............................................Full Article: Source
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