News) - While there has been a lot of disappointment in the gold market recently, Kitco News’ intrepid reporter Anna Golubova has been able to put financial markets’ volatility into perspective.
Golubova noted that the Dow Jones Industrial Average reported its worst three-month performance since 1987; it ended the first quarter down nearly 22%. Meanwhile, the S&P 500 saw a loss of 18.7%, its worst quarter since 2008.
However, the gold market ended the quarter with a gain of 5%. As of writing, June gold futures last traded at $1,647.10 an ounce, with some analysts once again keeping their eye on resistance at $1,700.


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