Peru’s small miners block highways, camp outside Congress demanding registry extension
Analyst says that there are strong competing interests between Congress and small-scale miners that could escalate.
Gold went there, dropping below US$1,200 per ounce before ticking back up.
The precious metal hit US$1,196.10 an ounce at 2 p.m. ET. after losing over $20 in the afternoon.
Since the year started gold is down 28% and is trading at a three-year low.
Silver is at US$18.59 per ounce.
Chart from Kitco.com
