Why is the price of gold so low?

Gold is up more than 4 percent at $1,200 an ounce for the first time in more than a year as the U.S. Federal Reserve’s stimulus package continued to drive up the price.Gold prices had fallen nearly 40 percent in the last year and now stand at $16,878 an ounce.The S&P 500 has fallen 4.4…

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