A SQUARE :: 14Oct08 Expertise on gold as a strategic asset - Special
Category
Commodity
Author
Sona Blessing
The reason for gold’s response to major crises is entrenched in its very long standing history, and this behaviour has been proven statistically. However, this doesn’t mean that the gold price will respond each and every time some bad news hits the media. This would be a simplistic and unrealistic expectation. Gold’s response can and will depend on the type of crisis and its severity.