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Gold selloff intensifies, price plunges 9.35% - USA Today
authorities to meet miners, other stakeholders tomorrow. By Leonard Gildarie. A critical meeting is set for tomorrow between Government and miners to assess the fallouts from a worrisome drop in gold prices on the world
The bear market in gold intensified Monday with frenzied selling knocking the yellow metal down more than 9% and below the key $1,400-per-ounce level. Investors' trashing of gold Monday follows a 5% plunge Friday. Gold closed down $140.40 for the day,
Now that gold is in a bear market condition (down 20% or more from its 1-year trailing high), the question becomes where is likely support. There isn't much on the technical front to help, but what about fundamentals? Unfortunately, because gold does
The biggest story on global financial markets today is the collapse of gold and silver prices. Gold is down more than $90 an ounce since Friday – a fall of about 7 percent. The price drop comes on top of last week's 4.7 percent tumble. Silver prices
Now that gold is in a bear market condition (down 20% or more from its 1-year trailing high), the question becomes where is likely support. There isn't much on the technical front to help, but what about fundamentals? Unfortunately, because gold does
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