Gold Crashes Below $1,800 ...Middle East

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Gold Crashes Below $1,800
source : OILPRICE ( Middle East ) () 28
This year has been proving to be a gold speculator and investor’s dream after the yellow metal rallied hard to hit historical highs thanks to a perfect storm of a global pandemic, massive government stimulus packages, weakening dollar, and a stock market bull run that had finally run out of gas. The torrid rally represented the sharpest gain the metal has mustered in more than a decade. Wall Street hedge funds have been extremely bullish on gold, with some eyeing prices of $3,000 and even $5,000 per ounce. To wit, Bank of America Merrill…

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