The price of gold continue to fall after its worst single-day drop in more than a decade, experts said.

Gold futures dropped 2.2% as of 9:30 a.m. Oct. 22, according to Investor's Business Daily . Shares plummeted 5.7% the prior day, the most severe daily decrease since April 2013. GLD Gold Trust dropped 4.10% the past week after the Oct. 21 fall. SLV Silver Trust followed a similar trend down 9.25% the past week.

The shift comes after a strong few months for gold, culminating with a record $4,382 per ounce Oct. 20, the finance website stated. The price hit $4,000 per ounce earlier in the month, part of a sharp rise after crossing the $3,000 threshold in March.

Gold's recent strong run may have been reponsible for the drop, explained Ed Carson, editor at Investor's Business Daily, in

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