Gold Prices Surge and Drop Amid Market Volatility
TL;DR
Gold prices hit a record $4,359.40 an ounce amid a weakening dollar and increased demand, prompting miners to revive old mines and new mines to come online, with institutional investors and central banks diversifying reserves.
- Gold sees its biggest gain in years. Miners are boosting production to keep up. MarketWatch
- Gold Slumps Most in Four Years as Record-Breaking Rally Cools Bloomberg.com
- Gold Bars, Gold Necklaces, Gold Earrings: The Rush to Cash In The New York Times
- Fresh from the Trading Room: The dominoes fall again CME Group
- Gold and Silver Prices Slide in Abrupt Selloff The Wall Street Journal
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