28.04.2015 - Lack of fear leaves gold looking vulnerable
After a swift surge in late March and early April, gold prices have turned around, losing some 2 percent in the past two weeks. And the pros say that with a general lack of fear in the market, there's little reason to jump into the yellow metal just yet. "Equities markets are again at all-time highs and keeping safe-haven gold buying to a minimum, as there is clearly no fear," Bill Baruch, senior market strategist at iiTrader, wrote in a note to clients. The lack of fear is also weighing on the CBOE Volatility Index, which generally measures how much investors are willing to pay for insurance on the S&P 500...............................................Full Article: Source
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