Copper $ 5.358 / lb 0.48%
Brent Crude Oil $ 62.06 / bbl -0.13%
Palladium $ 1540.5 / ozt -0.84%
Crude Oil $ 58.38 / bbl 0.02%
Natural Gas $ 4.582 / Btu 0.09%
Silver Futures $ 61.545 / ozt 0.71%
Aluminum Futures $ 2868.5 / ton -0.83%
Micro Gold Futures $ 4245.4 / ozt 0.21%
Micro Silver Futures $ 61.545 / ozt 0.68%
Platinum $ 1691.8 / ozt -1.09%
Gold Futures $ 4245.4 / ozt 0.19%
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A tale of two 'doomsdays': gold and the global economy

MINING.com Editor | March 27, 2013 | 10:01 pm Precious Metals Africa Australia Canada China Europe Latin America Gold Silver 

A "doomsday scenario" drop to $1,000/ounce would "make half the gold industry worthless," according to Bank of America Merrill Lynch. Despite recent hiccups in gold's long bull run, gold is currently hovering at roughly $1,600 per troy ounce. Gold stocks,...

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