| 16.03.2012 - Investors pursue growth assets; platinum premium to gold may widen further: UBS |
| The recent market trend has been to unwind safe-haven exposures, such as gold, and buy growth assets, said UBS in a research note. “This is clear in the resumption of easing correlations between gold and risk assets. The 20-day rolling correlation between gold and the S&P 500 indexes has fallen back to 0.39 after climbing sharply in the last couple of weeks to this year’s high of 0.55 as of last Friday,” bank added...............................................Full Article: Source |