Today, spot gold prices fell 0.7 percent to trade at $1,280 per ounce. Meanwhile, US gold futures for June delivery were down $12 an ounce, to $1,276.
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Barrick Gold is shaking off its financially precarious position by divesting high-cost, low-return projects and focusing on low-cost mines in Nevada.
Marc Faber, publisher of the Gloom, Boom & Doom Report, said last week that the stock market is headed for a crash worse than the one seen in 1987. What's a precious metals investor to do?
Gold dropped 0.3 percent or $3.90 to $1,298.80 an ounce on Monday, according to Reuters.
For over 3,000 years, the most reliable asset for wealth protection has been physical gold and silver bullion.
This morning, gold rose 1 percent, or $12.91, to trade at $1,291.65 per ounce. Meanwhile, US gold futures for April delivery rose $11.40, to $1,291.40 an ounce.
Gold rose slightly, by $4.02, to trade at $1,341.60 per ounce this morning. Meanwhile, US gold futures rose $3.90, to $1,315.30 per ounce.
This morning, gold dropped 1.2 percent to trade at $1,317.14 per ounce. Earlier in the day, the metal fell to $1,314.14 per ounce, its lowest price since February 20.
Gold dropped for the third consecutive session today, falling $1.94, to $1,353.70 per ounce. Meanwhile, US gold futures sank $5, to $1,354 an ounce.
This morning, gold fell $6.36, hitting $1,359.98 an ounce, as investors exercised caution prior to the US Federal Reserve's upcoming meeting.