Gold is suffering its worst drop in 12 years: Billionaire investor and 'bond king' Bill Gross thinks the top may be in
1. Gold experienced its worst drop in 12 years, falling 6.3%. 2. Bill Gross warns gold is acting like a meme stock, increasing volatility. 3. Investor profit-taking follows record gold and silver gains this year. 4. Interest rates and policy changes will impact gold's price trajectory. 5. Treasury yields suggest a drop in Fed Funds rate impacting gold demand.