Tuesday, 18 June 2013

CNN Money: Is gold losing its safe haven appeal?

The recent volatility in global financial markets hasn't done much to boost falling gold prices.Despite choppy trading in stocks and bonds, gold prices have struggled to move back above $1,400 an ounce.

At the same time, the VIX (VIX), a benchmark of investor anxiety, has jumped 35% in the past month.
Gold is often seen as a safe haven when markets are volatile, since it's tangible and tends to hold value better than other assets.

But that has not been the case recently.

Read more...

1 comment:

  1. SilverGoldBull is a highly reputable silver and gold dealer. They will provide you with reasonable, real-time prices and they will guarantee your gold and silver is delivered to your door discreetly and fully insured.

    ReplyDelete