Belfast Telegraph

No quick return for price of gold

As gold paused for breath after its biggest price fall in 30 years, experts warned against quick recovery.

A selling frenzy driven by institutional investors pushed prices down 9% this week in the biggest one-day drop since 1983. The price fell to $1,321.35 before rising 2% to $1,387.76. It peaked above $1,900 in September 2011.

Belfast Telegraph