| While some commodity analysts have noted that the gold market hasn’t benefited from the ongoing Greek financial crisis as the price have continued to slide and remain near a three-week low, one analyst says it is important to shift your perspective .
Jessica Fung, commodity analyst at BMO Capital Markets, said that while gold hasn’t befitted from the crisis, it has helped support the market. She notes that gold is trading about $30 below the key psychological level of $1,200 an ounce. “That is really nothing,” she says. “You should look at it this way: if Europe wasn’t close to falling apart where would gold prices be right now?”..............................................Full Article: Source
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