SPDR Gold Trust (ETF) (GLD): Gold: Still Not Enough Demand For A Rally - Seeking Alpha
Here is an excellent article about how demand for gold is falling. According to the author, the cost of mining gold is falling also. So, the price of gold can decline further while some miners can still make a profit. When the miners have to shut down, then the supply will be less than the demand, and the price of gold will go up. We are not there yet, and gold investing should be on hold until things turn around.
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