Tuesday, April 16, 2013

Gold prices: biggest tumble in 30 years

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Gold prices: biggest tumble in 30 years

Sure, gold remains the favorite of most precious metal investors, but THIS is the metal you really want to double down on right currently. Three catalysts will propel the price much, much higher over the coming months and years.

Trying to clarify why the price of gold is falling is a morsel like trying to say why lightning strikes one place but not another. We know the general principles involved, but beyond that it's mostly guesswork. Still, here are six theories,

Gold is headed for its largest two-day drop in 30 years being below $1400 per ounce for the first time since March 2011 in the wake of underwhelming Chinese growth data.

Another jeweler based in New York City who questioned not to be identified said the final retail price for something like a gold-studded ring is most release-minded by the cost of craftsmanship and service than the underlying

Another jeweler based in New York City who questioned not to be identified said the final retail price for something like a gold-studded ring is most release-minded by the cost of craftsmanship and service than the underlying

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