What Caused the Price of Gold to Hit a 2 1/2 Year Market Low
Posted: Sun Jun 23, 2013 7:56 am
Individuals who closely follow the precious metals market are likely aware that there has been a substantial sell off over the last couple of days, resulting in the price of gold reaching a 2 1/2 year low on June 20th. Gold closed at $1,277.80 and has continued its slide in after hours trading. We’ve also seen a substantial drop in the stock market over the last few days and curious investors are wondering why we’ve seen such a substantial pullback in both markets as of late...