<span style="font-size: 12px;">The price of gold fell to five-year lows Monday as the dollar remained strong and the Federal Reserve continued to send signals that it plans to raise interest rates soon.The precious metal fell $25.10 to close at $1,106.80, trading at its lowest price since March 2010. That's more than 40 percent below its peak price of $1,923 in August 2011."When it comes to gold, when you're talking about a $20 an ounce drop, it doesn't mean a lot, but when you're talking about a several hundred dollar drop, it does make a difference," said Dan Harshaw, manager of Jessup's Of Daytona in downtown Daytona Beach, which buys and sells gold and jewelry.
Comment on Safe-haven gold drops to 5-year low
Staff and Wire Report, The Daytona Beach News-Journal
Mon, 07/20/2015 - 4:03pm
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