The price of gold took a big hit a few weeks ago.
In the last 30 days the price has dropped from a high of $1,606 to a low of $1,360. The drop was significant and only over a few day period. The price has since rebounded a bit to $1,453 but that is still a drop of $153 or 9.5%.
Those that are pro-gold used it as an opportunity to buy even more while detractors pointed out the instability in the price of the commodity. If you were able to snag more gold at $1,360 you have since earned a return of 6.8%.