Why Lower Gold Prices Shouldn’t Get You Down
By Joshua McMorrow-Hernandez, Editor Gold prices have been trending downward lately amid a strengthening US dollar and the ongoing threat of tariff wars. Meanwhile, many coin dealers, collectors, and bullion investors are antsy about gold hovering around the $1,200 mark for so long. It flirted with $1,175 in mid August and many industry analysts have suggested in recent weeks the yellow metal could even dip below the $1,000 mark if current conditions persist. What a contrast to the bullion situation back in the spring, when gold was bouncing above $1,350 and some market luminaries predicted gold would hit $1,600 - [...]