KQED Nightly Business Report August 25, 2011
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> tom: good evening everyone. are the golden days over for gold? gold prices plunged over $100 today while stocks rallied for the third straight day. >> susie: tom, it was a dramatic reversal for gold. it's been steadily hitting new record highs. >> tom: susie, gold surely lost some of its lustre today. gold futures lost $104 for the biggest one-day slide in more than 20 years. gold closed at $1,757.30 an ounce. the past year for gold has seen prices rally from $1,2...