02.10.2015 - The Recent Gold Price Movement
The never-ending discussion of whether to invest in gold or in other assets is a question that has no certain answer. While gold has been seen traditionally as a safer bet for currency skeptics who don’t trust the dollar, or just a simple investment that in the long term will maintain its value, the gold slump shocked investors and prompted a gold hike to reach a bottom in July. Commodities have been this year’s worst performing asset class and the Bloomberg Commodities Index fell to a 13-year low on the 24th of July. Gold has the highest weighting on the commodities index and the movement in the gold futures index and the commodities index have a directly proportional relationship. The aim of this article is to address the causes for the gold price fall that occurred recently...............................................Full Article: Source
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