You’d Better Hurry To Catch The Gold Rush
If you were holding out for the maximum price before you sold off your old rings and chains to the jeweler, you might want to do it now; Gold prices have started to slip for the first time in a few years.
Gold for June delivery was down $6 to $1,468.10 an ounce at the Comex division of the New York Mercantile Exchange.
Will gold fall, or is this just a dip in the road? Experts are watching the U.S. Federal Reserve for a clue.
Most economists agree that once the Fed starts to raise rates, gold will be less attractive to investors and the record-breaking prices we’ve been seeing will end.