| Until recently, the SPDR Gold Shares , iShares Gold Trust and ETFS Physical Swiss Gold Shares and other gold-related exchange traded products had been struggling, but with bullion now trading at multi-month highs, some market observers believe a technical bottom is in gold.
Dragging on the gold market, volatility is beginning to ease after markets try to recover from the swift correction – gold is seen as a safe-haven asset that provides a good store of wealth during tumultuous market conditions. Additionally, the U.S. dollar is beginning to strengthen against foreign currencies – gold is priced in USD, so further buying becomes pricier for foreign investors...............................................Full Article: Source
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