Gold has fallen below $1,800 an ounce, extending a multi-month decline from June highs. This comes as the price rebounded from August lows of $1,720 an ounce to breach $1,800 earlier this week.

Phil Streible, chief market strategist of Blue Line Futures, told David Lin, anchor for Kitco News, that economic conditions have not been favorable for a gold price rally; what the metal needs is low growth and high levels of inflation, or stagflation.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Blue Line Futures on Twitter: @BlueLineFutures (https://twitter.com/BlueLineFutures)

0:00 - Gold's drop
5:22 - Stagflation and deflation
9:12 - Jackson Hole
10:20 - Gold price outlook
12:44 - Silver
14:33 - Oil

#gold #silver #oil
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