“The price of an ounce of gold plunged $140.40 Monday to $1360.60, or 9.4%, the worst one-day drop in 30 years. “It’s been a brutal market, and it really turned nasty today,” says Dan Denbow, manager of USAA Precious Metals and Minerals fund. Gold has fallen about 28% since its high of nearly $1,900 an ounce in 2011.”
- Gold badly tarnished in sell-off
- Gold badly tarnished in sell-off