December in Precious Metals, by Terrence Campbell of Gainesville Coins
Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and silver and examine the “what” and “why” behind those numbers. Gold continued to sputter throughout the month of December, hitting a high of just 1,230 per troy ounce on the 10th, and slowly sinking to a low of 1,175 over the next two weeks, ending on the 25th. Market analysts are again attributing the weak performance of gold to continually sagging crude oil prices globally, lower than expected inflation, …