Monday, April 15, 2013

Gold selloff intensifies, price plunges 9.35% - USA Today

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

Goldman Sachs strategists Damien Courvalin and Jeff Currie hit their $1450 year-end price target for gold only three days into a new recommendation to short

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,

After a two-day bloodbath in the gold market, the future looks increasingly perilous and uncertain for an industry that was already facing major headwinds.

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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Gold selloff intensifies, price plunges 9.35% - USA Today

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