The Gold Report: Gold spiked to about $1,800/ounce (oz) after the latest round of quantitative easing was announced. It was at about $1,700/oz recently. What’s responsible for gold’s recent price weakness?
Cosmos Chiu: If you look back, the month of October is usually the weakest month of the year. Because investors look at it as a seasonably weaker month, there’s less demand. That has held true this year as well.
TGR: Could gold finish the year higher than where it is now?
CC: Different factors that could drive bullion higher in November and December, including the … [visit site to read more]