NEW YORK ( TheStreet) -- On June 28, gold prices hit their lowest levels in nearly three years, just above $1,180 per ounce.This bear move wiped out $66 billion in investor holdings since the metal hit its all-time highs in 2011. What's worse, current values suggest that some mines will be unable to break even without something in the way of a corrective rally.
Can Anything Stop the Drop in Gold?
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