Crazy for Gold.docVIP

Crazy for Gold 　　from April 10 to 16， the price of gold plummeted 15 percent from $1，588 per ounce to $1，321 per ounce in the international market， the biggest single-week price plunge in history. On April 12， New York gold futures were down 4.1 percent to $1，501 per ounce. The same day， gold stores in Beijing like Caibai Jewelry， lowered their prices for gold jewelry as pure gold stumbled to 385 yuan （$61.11） per gram. 　　The dramatic plunge has triggered a buying frenzy across China， one of the biggest gold-consuming countries in Asia. 　　“The price for gold jewelry has dropped roughly 30 yu