July in Precious Metals, by Steven Cochran
Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Cochran of Gainesville Coins, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and examine the “what” and “why” behind those numbers. What Did Gold Do In July? Gold started July off with a bang but not the kind it wanted. A big jump in wholesale prices in the manufacturing sector on July 3rd sent gold plunging to the $1,220 mark. On July 3rd, North Korea successfully tested its first ICBM capable of reaching the United States. …