Gold Prices Losing Steam Could Mean Trouble for Goldcorp

Forbes reported that gold prices are losing their momentum, which could spell trouble for Goldcorp.

As quoted in the market report:

This hasn’t been the case as of late though, as the yellow metal is now well below its all-time highs and it has been stuck in a decidedly bearish trend. A true market reversal or continued talk of monetary easing across the world would be the only things that could turn around this trend, and neither really seems likely.

To view the whole Forbes report, click here.