07.10.2011 - Analysts gold price forecast review
August and September saw unusual price volatility in gold and not just in the stock markets – with the MSCI world (developed market) index 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 eight occasions and declined 15% from peak to trough in the past two 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 favored by investors, rising 6% as the US 10-year Treasury yield has fallen by 88 basis points..............................................Full Article: Source
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