The sudden plunge in prices has stumped many investors, but you can find any number of theories to explain it.
As the selloff in gold has resumed, investors need to be on alert for signs of a pullback in equities as well.
With the precious metal down some $100, what's driving the panic selling?
Gold has fallen more than 20% since the summer of 2011, as worries about domestic economic problems ease and fears of a government default dissipate.
Prices of metals and oil dropped after the investment bank also downgraded estimates and outlook for the coming year.
Precious metals tumble as inflation fears ease and the US economy shows strength.
These exchange-traded funds are likely to be in play as traders look to profit from the turmoil in Europe.
VIDEO ON MSN MONEY
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.