Market Analysis: GOLD 1/21/2014

So What's Going on With Gold?

Gold has fallen nearly 30% last year, putting an end to 12 straight years of growth and setting a record for the biggest annual drop in 30 years. The drop reflects the expectations of many that economic recovery would bring an end to quantitative easing.

As we tiptoe into 2004, while looking in the rear view mirror, it is imperative to get a feel of gold price trends for this year in order to be able to make some relatively sober investment portfolio allocation decisions.

China's Gold Market

Gold prices rose Monday in Asia following China fourth quarter GDP and December industrial production and retail sales data that showed a slightly weaker than expected trend.

While gold is decreasing in value because of our economic recovery, it continues to grow in countries without economic growth.