To put it a bit clearly, gold bit the big one in the last couple of years. With the overall drops in the 25% range, gold prices have been tricked and trickled by a plethora of important factors; it may not even be possible to track it with a scorecard. The main reason behind this is that between the supply and demand issues, the market manipulation and actions have a great role to play.
All this while, gold took a real beating and many believe that gold may not have done better in its history the way it has done in last two years. Though gold did not actually start quite well in the last few years, however by the end of last year, a creep up in price was sure and projections for slightly more positive in the future were speculated. Though, the roller coaster ride in the middle of the year left many of the investors wondering if they were on the right track.
In the last couple of years, a much stronger economy, supply and demand issues have made the price of gold fall sharply. The price of gold had actually slipped under $1000 range, winding up at approximately below $1000. In the last two years, gold has fallen some 37% globally which is considered no less.
