Gold Futures Needs A Drug Test No Thanks To Iran and USA Over the last few months, Gold futures have experienced an amazing run from $1,900 US an ounce to over $2,400 US an ounce.
However, over the last few days, no thanks to the Iranians and Americans, including Iran's decision not to retaliate and American investors choosing to put their money into investment instruments that are dangeous and have no real returns like treasuries, Gold Futures have come down significantly from $2,430 US an ounce to now just over $2,300 US an ounce, which is not normal for a strategic commodity to lose over $100 US an ounce in a short period of time.
That's why Gold needs a drug test of its own to see if its on steroids.
If Gold went through a drug test, it would definitely test positive for performance enhancing drugs.