NEW YORK, 21 December 2012 - BullionVault's vice-president for business development Miguel Perez-Santalla is quoted today in Dow Jones Newswire's latest report on the gold and silver markets.
Noting this week's 2.1% drop in the gold price, "It all started a few weeks ago when people started getting out ahead of the capital gains tax increase," Dow Jones quotes Miguel, speaking from the online precious metals exchange's New York office.
"Once the selling began, it accelerated as momentum traders bet on lower gold prices."
Wall Street Journal subscribers can read the full story here:
Gold falls on year-end selling
Gold bullion - Buy online at live gold prices.
Source:
Dow Jones
