Gold plummeted nearly 30% in 2013 as the global markets and the U.S. economy soared as investors took the Federal Reserve and Chairman Ben Bernanke’s December taper decision in stride. Yet, the price of a simple gold ring will cost consumers the same today as it did during the 2012 holiday season. PNC Bank Managing Executive of Investments Jim Dunigan tells TheStreet’s Joe Deaux why you’ll pay more for gold jewelry this year and have to wait for 2014 to get a discount.
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