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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Is gold still a haven in times of economic distress?

Posted on 08 July 2013

Gold and trouble go together because the metal is often seen as a haven in times of economic distress. But the relationship is complicated. Prices can rise or fall for seemingly contradictory reasons.
Investment advisers these days are trying to make sense of a 25 percent plunge in gold prices in the second quarter, to roughly $1,200 an ounce, its lowest level in three years. The reasons for the dip may not be clear, but the results certainly are………………………………………..Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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