Gold supporters always point to gold as a safe haven in times of trouble. It is a place of safety for people to pour money into. But right now, this is not the case. Gold is acting like just another trading entity right now.
A “safe haven” does not fall 7% in two weeks. People look to safe havens for stability and security in rocky times. Lately, gold has not been safe and has not been stable. It has paralleled the markets since the end of March………………………………………..Full Article: Source