How low can gold go?

FrieFrench

Junior member
42 0
Gold for December delivery slipped 0.1 percent to $1,170.60 an ounce by 7:55 a.m. on the Comex in New York. Prices declined as much as 0.9 percent to $1,161 earlier today, before rebounding. Bullion for immediate delivery retreated 0.2 percent to $1,170.99 in London, according to Bloomberg generic pricing.

Gold and silver sank to their lowest since 2010 on Friday as the dollar surged against the yen and other major currencies after the Bank of Japan shocked global financial markets by expanding its massive stimulus spending, dampening demand for the precious metal.

Via How low can gold go?
 
 
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