11.10.2016 - Is the price of gold heading back to $1,000?
At the beginning of the year, gold was all the rage. Investors rushed to buy the yellow metal as concerns about the state of the global economy grew, and traders looked to profit off market volatility. Unfortunately for gold bulls, the world didn't end over the summer (good news for the rest of us), and as a result, the price of gold has come off the boil since mid-September. Indeed, since September 23 the price of gold has slumped from a high of $1,343 per ounce down to $1,263/oz at time of writing. At the end of last week, gold traded as low as $1,247/oz........................................Full Article: Source
Print