Welcome to SurvivalBlog’s Precious Metals Month in Review, presented by Gainesville Coins. Each month, we take a look at “the month that was” in precious metals. We cover gold’s performance and the factors that affect gold prices. What Did Gold Do in January? Spot gold started the new year at around $2,060 an ounce. It dropped as low as $2,023 in the second week of the month as everyone rushed to dial back over-optimistic expectations of an interest rate cut in March. Prices recovered to above $2,050 on the 15th before the bottom fell out, recording a $49 drop from …
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