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Gold Continues Dropping

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Precious Metals in Decline

Gold continued it’s steady decline yesterday and slipped below $870 shortly this afternoon. Investors seem wary in light of the expected Federal Reserve interest rate cut which may come tomorrow.

Silver sits just above $16.50 at the time of this posting with Platinum just below $1920 and palladium at $420. All showing significant drops in afternoon trading.

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One Response to Gold Continues Dropping

  1. Koichi Ito says:

    Always buy them dealers says when price of silver, gold, platinum, and palladium drops. Buy it! It is bargain. As you know currencies are fiat, which has no backing of gold or other precious metals. So buy more silver, gold, platinum, and palladium. Enjoy collecting rare coins and invest in silver, gold, platinum, and palladium.

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