The rise and fall (and rise again) of gold prices – what’s going on?
- Written by David McMillan, Professor in Finance, University of Stirling
i viewfinder/ShutterstockIn late January, the gold price reached an all-time peak of around US$5,500 (£4,025). January 30 saw one of the largest one-day falls in prices, which sank by nearly 10% after hitting a record high only the day before.
This was a dramatic about-turn, from a bullish gold market that rose by more than 300% in the last...







