GOLD Weekly Chart at 5-Year Low

Gold drops to 1104 as this message is typed to five-year lows. China data on the weekend indicates that their buying of gold is at a slower pace than expected. The higher dollar also punishes gold. The Indian festival and marriage season is coming which may create stability in the yellow metal. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.