Gold and silver prices demonstrated during September one of the worst
performance in recent years. After the sharp rally in gold price during August
as it nearly reached the $1,900 mark, gold price tumbled down to below $1,600
mark, while silver price also followed and fell below the $30 mark. What were
the main factors that contributed to these large falls in September? These
factors include the FOMC decision to purchase long term securities, the CME
margin requirements hike on gold and silver contracts and the shift of traders
during the second part of September away from traditional safe haven
investments. Despite the sharp falls in precious metals prices, the high
uncertainty in the financial markets is still high vis-
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