Gold: Close But No Cigar

The price of gold came within $3 of a new all-time high today, but it has since reversed course and is now down more than 2% from its intraday high.  The metal had a similar move last Monday when it made a new high and then reversed to close the day lower.  Is this just another Monday blip, or is gold beginning to top out around the $1250 mark?

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