What kind of gold are we playing for?

When will the decline of gold stop? Today a new slide in prices: the spot price of the yellow metal fell to new lows since August 2010 below 1,230 dollars an ounce (minimum at 1,227.71 dollars) with a drop of almost 4% compared to the levels of the day before. It should be noted that Deutsche Bank, the main German bank, also saw its forecasts for precious metals lowered. The German institute announced that it had reduced its 2013 gold estimate by 6.7% to 1,431 dollars an ounce while the 2014 figure underwent a reduction of 10.8% to 1,338 dollars. She was optimistic, it seems. In the third quarter of 2013, one ounce of the yellow metal is estimated at 1,350 dollars, 10% less than the previous view. The decline in gold should also drag down its poor cousin, silver, which according to Deutsche will stand at 21.4 dollars between July and September, 17.3% less than the previous figure, while the relative figure the whole of 2013 fell by 9.9% to 24.1 dollars.