TUESDAY, 12.30PM
The gold price slipped ever lower on Tuesday, hitting a four-and-a-half-year low of $224,05/oz before recovering slightly to close in London on $334,55.
With real fears that bullion could fall through the $330 barrier, the Johannesburg Stock Exchange gold index fell 3% on the day, losing 29,8 points to close at 965.
With European and Canadian central banks selling gold recently, and with no end in sight to central bank gold dumping, analysts expect bullion to fall below $325, and even to below $300.