Description: A chart of the crashing price of gold looks like a wedding ring rolling off a table. Gold futures for June delivery closed at $1,361 an ounce on the Comex in New York today, a drop of more than $200 in two sessions. Gold’s fall of 13 percent since April 11 was the biggest two-session decline since 1980.
Date: Apr 15, 2013
Questions for discussion:
- Why is the price of gold falling?
- Explain what investors might do as the price tumbles?