Is the gold rush over?

From Star Online: Business

13th April 2013

"Appetite for the precious commodity have waned as some semblance of stability returns to the global economy, whereby fears of high inflation seem to have diminished, and the US dollar has strengthened. This is evident in the declining trend of gold prices over the last few months."

Two of gold price's three legs looks wobbly

From The Edge Malaysia
By Clyde Russell, Reuters
22 Aug 2012

IF you want to know why the gold price has stagnated in the past few months, look no further than the World Gold Council's latest report that shows demand is at its lowest in more than two years.

In fact, so rapid has been the decline in gold demand since last year's record price in September that if there is a surprise, it's that the price has held up as well as it has.

Since the start of the second quarter, gold hasn't been above US$1,680 (RM5,260.92) an ounce, but it also hasn't dropped any lower than US$1,527 and the current price around US$1,603 is around the mid-point of its recent range.