Gold Prices Lower On Inflation Sentiment
By Dave Brown — Exclusive to Gold Investing News
Gold prices traded almost $58 lower to the range of $1,620.40 per troy ounce on Wednesday, a decline of approximately 15 percent since last September’s all-time high. Strangely it occurred on a day when overall capital market sentiment was low, with the Dow Jones Industrial Average losing 125 points. Typically, this scenario would have been a catalyst to support gold positions as a protective investment….
Tags: dow jones, investment gold
Posted in Metals Mining
