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Commodities Briefing - Categorized | Bullion/Gold, Investment more

With this volatility, is gold still a safe haven?

Posted on 05 December 2012

Gold hasn’t been trading like a safe haven lately, leaving investors to wonder whether it still is one. “The volatility that the price of gold has seen lately gives the illusion that it is not a safe haven, but in reality investors still view it as a place to protect their wealth,” said David Beahm, vice president at precious-metals investment firm Blanchard & Co.
That’s tough to believe, however, given the steep drops the precious metal has suffered in recent sessions………………………………………..Full Article: Source


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