What's Going Wrong For Gold Lately? Over the last two months, gold has been experiencing a banner run, climbing as high as $2,050 US per ounce and had potential to go higher than $2,300 US per ounce.
However, over the last week, Gold has taken a major beating as its down nearly $100 US per ounce.
Perhaps the "Gold Gods" and naysayers lied to us again as this year is suppose to be a banner year for Gold, but now it could be a "Dud Year".