Opinion: One Primary Reason the Price of Gold Has Fallen

July 20, 2015
Commodity Prices Plunge to Their Lowest Since 2002

I refer you to the comments:

What is a picture of a gold bar doing in a commodities article? - PABLO

Um, because gold is a commodity?

Oxford Dictionaries: Commodity

1. A raw material or primary agricultural product that can be bought and sold, such as copper or coffee.

Most reasonable people would agree that gold is a raw material that can be bought and sold.

1.1 A useful or valuable thing, such as water or time.

Most reasonable people would agree that gold is a useful or valuable thing.

There is no reason to elevate gold to be more than it is. If you have come to believe that gold is the only element from the periodic table that demands our worship, then I would suggest going without oxygen for a few minutes and getting back to me. Seriously.