Gold price falls 1% as chances of larger Fed rate cut dwindle
Despite this pullback, the precious metal is trading near a record high it reached last month.
Yvette Shirey left a jewelry store near her home in Columbia, Md. Wednesday afternoon $1,000 richer. After seeing gold prices soar earlier in the week, Shirey decided to sell a “muffin-sized” mound of old gold jewelry, including a necklace, some earrings and a bracelet she inherited from her mother.