A market analyst says there's no reason for the price of gold to be selling at current prices.Speaking on Smartstox.com, Bill Murphy of the Gold Anti-Trustee Action Committee blames the recent free-fall on a gold cartel consisting of government and world banks.
He says despite claims of economic issues impacting Europe, he sees no reason for gold to be sitting at its lowest level in more than a year.
Some analysts says the price drop will impact on junior and developing gold projects trying to attract investors.
