Gold took two big tumbles the last week of November, pushing prices down for the week and to even on the month. The trigger for price drop for gold on Wednesday has been traced to 7,500 futures contracts that were dumped right at the opening bell, triggering a wide swath of stop-loss orders. Prices recovered on Thursday, then the selling resumed on Friday, the last trading day of November.
When the dust settled Friday gold was down $11.00 to $1,714.60 and silver was off $0.77 to $33.40, with the silver/gold ratio ending the week at 51.3. The sudden...










Down Week For Gold