Short selling of gold futures combined with strong US data, Chinese liquidity squeeze and Fed tapering comments have delivered the worst quarterly price performance on record for Gold. Kitco provides a good wrap of the recent slump in precious metals prices and the major contributing factors (VIEW LINK)
I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.