00:00If you'd put $1,001,000 into gold a month ago, it'd be worth $906,001 today.
00:04Gold, which had been climbing nonstop, has dropped nearly 10% in a single month.
00:10Domestic gold topped $200,001 per gram a month ago, but closed at $183,941 on the 28th.
00:18International gold also fell 3.6% in a single day, sinking to its lowest level in seven weeks.
00:25The culprit's interest rates and the dollar. With oil prices surging, expectations have grown that the U.S. could raise
00:32rates further.
00:33Gold pays no interest, so it loses appeal when rates rise, and a stronger dollar makes it pricier to buy.
00:42Yet money keeps pouring in.
00:44In August, global gold ETFs drew $18 billion, the second-largest inflow on record.
00:51NH Investment and Securities is sticking with its call for gold to retake $5,000 an ounce this year.
00:57Gold opportunity or crisis? Tell us in the comments.
