Does the US Fed Determine the Price of Gold?

GoldGold analysts are bearish for a second week as prices head for the biggest monthly drop since June and approach this year’s low on speculation the Federal Reserve will curb stimulus as the economy strengthens.  Eighteen analysts surveyed by Bloomberg News expect prices to fall next week, nine are bullish and three neutral. The metal slipped 6 percent this month and is within 5.4 percent of the 34-month low of $1,180.50 an ounce set in June. Gold is poised for its first annual drop since 2000.   The Price of Gold

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