November 23, 2015
In the wake of the terrorist attacks in France I thought that flight to quality buying would take the price of gold higher and the yellow metal would stage a recovery. While gold moved up to just under $1100 per ounce when markets opened for trading, gold failed once again. In my latest work for Seeking Alpha I look at the action in gold last week and the new multi year low last Wednesday at $1062 and explain why the prospects for gold point lower.
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