Monday, March 24, 2014

Gold may drop below $1,000.

Gold may drop below $1,000.

April Gold settles at 1311.2, down $24.80

Federal Reserve Chair Janet Yellen said on March 19 that the Central bank could raise interest rates as early as spring of 2015.
People don’t want gold in a rising interest-rate environment, hence the drop in Gold price.

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