Posted December 11, 2018 06:21:55Gold is now trading at $1.1919.00.
The gold price has dropped 2% since its highest of June 19.
The price has also been in a bear market for the past year.
In the last quarter, the price fell $8,973.80, a drop of 2.8% compared to the same quarter last year.
Gold is down by $8.6 billion in the last year, according to data from the US Federal Reserve.
In addition, gold prices have fallen from their highs in July, when gold was trading at around $1 million.
Gold prices fell from around $2,800 in August to around $200 in September.
Gold is expected to rebound in the next few months.
A rally in gold prices could continue as China continues to push back on gold trading.
China has recently been ramping up gold buying.
Gold has been trading at about $1 per ounce for the last couple of years.
Chinese gold buying has led to a drop in the price of gold, and it could continue to do so.
“The drop in gold has a very direct impact on the price,” said Daniel Green, an investment strategist at Capital Advisors.
“The bigger it is, the more it goes up.”
Investors should brace for gold to start a steep decline soon.
The dollar has been weakening against the greenback since the start of the year, with the currency falling below $1 for the first time in history.
If gold continues to weaken, it could put downward pressure on the dollar.
Investor sentiment has been mixed about the U.S. Federal Reserve’s monetary stimulus plans.
Some investors believe the Fed’s plans will be to buy more and less debt and inflation will continue to rise.
Others believe that the Fed is trying to increase the pace of interest rates, but they think the central bank will be able to manage the situation.
Still others believe the Federal Reserve will have to cut rates to a level where it can stimulate the economy.
Even some investors have said they are not convinced that the U