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Gold falls below $700 as investors sell to pay losses in equities

Fri, Oct 24, 2008

Gold Market News

Gold prices dropped below $700 an ounce for the 1st time in over a year as rising dollar and stock markets meltdown forced investors to sell the yellow metal in order to pay losses.

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Asides
  • For upcoming gold investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo

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  • The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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  • GoldInvestingNews.com maintains a focus on Gold exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.

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  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

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