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Old 08-24-2011, 04:37 PM
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Join Date: Aug 2011
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Gold price drops sharply on US economy hopes!

"The price of gold dropped almost 6% by the end of the London trading session, a fall of more than $100."

Maybe a buying opportunity may come if there is a further precipitous decline in the next few weeks or so! I think Gold rose more than 30% this year and we should see some profit taking for a little while before there is a further increase in demand to propel the price higher.

Click on the following article for details on today's steep decline!

BBC News - Gold price drops sharply on US economy hopes



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