The price of gold plummeted in Tuesday trading, falling $31.50 to $1,338.10 per ounce, on the news of an unexpected rate hike in China. After data showed that inflation in China rose to 3.5% in August, the People's Bank of China announced it would(...)
Read the rest of Don't Panic With Gold's Sell-Off (GLD, IAU, SGOL, UUP)
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