Some weeks, it seems like gold gets more mentions in the news than pop singers and movie stars! This week, the precious metal talk has been about a big drop in the price of gold. Below are charts for the price of an ounce of gold in US dollars over three months, 5 years, and 10 years (all displayed as % change in price over that period):
As always, there are many ways to interpret charts, and it may be that none of those interpretations capture the whole reality. A few thoughts about investing in gold:
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David R Wattenbarger, president of DRW Financial
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