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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Will gold follow its seasonal pattern this year?

Posted on 12 September 2013

I often talk about how the gold trade is really two separate trades. There’s the Fear Trade that buys gold out of fear of war or poor government policies. This crowd sees the precious metal as a safe haven during times of crisis, such as when gold rose over the fear of a war in Syria, but eased when a much more limited military action became likely.
However, there were other factors beyond Syria driving gold. That’s the Love Trade. This group gives gold as gifts for loved ones during important holidays and festivals………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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