| August and September saw unusual price volatility in gold, not just in the stock markets with MSCI world (developed market) dropping about 15% and emerging markets indices falling over 25%.
Gold, the usual "hedge" during extreme financial turmoil rose or fell by over 3% on 8 occasions and declined 15% from peak to trough in the past 2 months alone - the sort of moves one might in former years have expected over the course of a full year. During this period, dollar assets have been favoured by investors, rising 6% and US 10-year Treasury yield falling by 88bp..............................................Full Article: Source
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