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Gold Tumbles Down - Has the Rally Ended?

The Street - 15 Jul 2014 18:17
NEW YORK (TheStreet) -- The price of gold has changed direction, and after adding more than $90 to its value since the end of May, gold kicked off the week with more than a $30 fall. This decline also dragged down the leading gold exchange-traded fund -- SPDR Gold Trust -- which is trading at $126.10, a 2.1% drop since the beginning of the week. Other gold investments have fallen, too. For instance, shares of Goldcorp , a Canadian gold-mining company, have declined by 1.3% to $28.04 Will gold...
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