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You are here: Home / Economy / All time low for gold

All time low for gold

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Photo Credit: Yahoo News
Photo Credit: Yahoo News

The price of gold hit an all-time low recently and the price of other metals has been decreasing steadily.  As the economy seems to be stabilizing on a global basis and all the countries that have been in recession and greatly affected by the crash start to recover there has been increase in house sales and other durable goods have increased which has been a clear indication of consumer confidence.

In the shadow of the gold price hitting the all-time low the Feds are talking about reducing their stimulus into the economy, which many people are concerned about.  For more information on the lower gold price, the feds stimulus and other metal prices decreasing read the article on Bloomberg.

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