From Menafn.com: Fear and gold prices are interlinked as the bullion is perceived as a safe haven, an asset that loses none of its value in case of a market crash and/or as a hedge against stocks, inflation, deflation and the US dollar.
The recent rally in gold is intrinsically linked to current global economic turmoil. The equity markets are in a tailspin, the governments are busy printing money and mounting job losses have sent investors to seek refuge in the yellow metal for its rarity. …. Full Article: Source