Why Gold Is At Its Lowest In Five Years

For the third straight day today, gold has remained below $1,100 per ounce, a level last touched in March 2010.

Prices could fall below US$ 1,000 for the first time since 2009, according to Goldman Sachs. Morgan Stanley reports that in the worst-case scenario it may tumble to US$ 800.

What has been driving this decline? Here are four reasons that economists believe are causing this fall.

Why Monetary Stimulus Is Less Effective In Japan

After peaking at 128.06 million in 2010, Japanese population has been on the decline every year. It is projected to come down to 86.74 million by 2060. Japan’s National Institute of Population and Social Security Research has predicted that the country would be losing more than 700,000 people a year by 2025 and more than a million a year by 2060.