Why Are Investors Shunning Gold?

The video discusses the trends and factors affecting gold prices over the past five years, highlighting a significant drop following a strong U.S. jobs report. It explains how the strengthening U.S. economy and rising dollar have contributed to gold's decline, with technical analysis indicating an oversold market. The video also covers forecasts from major financial institutions, predicting further declines in gold prices.

What significant event occurred on Friday that affected the price of gold?

What was the price of gold at its lowest level since August 2010?

What are the reasons mentioned for the falling prices of gold?

What was the peak price of gold this year and how much has it dropped since then?

What are the forecasts for gold prices by Goldman Sachs and HSBC for the next year?