Gold Is Breaking Down Again

Gold is once again threatening to go down the tubes.

It’s nearing the $US1200 level, which it very briefly breached in June.

November was a terrible month for the yellow metal, and in the early hours of December, this month isn’t looking good either.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at