Gold Prices Plummet as Deflation Worries Arise

Monday, September 26th, 2011

What’s up with the recent plunge in the price of gold? And also for silver and platinum for that matter?

After trading above $1,900 per Troy ounce earlier this month, gold dipped below $1,600 both Friday and Monday (9/26) before settling at about $1,622 in the regular trading session.

What’s behind the dramatic sell-off? (more…)