The gold market is in the process to reaching it’s low. Read this MarketWatch article that gives the real reason why the gold prices are falling. Why the price of gold is falling? This is perplexing to many gold traders and investors. Watch the video below in which Barron’s Brendan Conway explains the forces crimping gold’s rally, namely developments in China and India.
Gold miners slipped after strong US economic data, including rising durable goods orders and consumer sentiment, sent the precious metal to a three-and-a-half-month low. Read the whole article; Gold miners retreat on precious metasl fall. Palladium is highest since 2011 while gold is near 15 week low.