25.02.2016 - Gold jumps above $1,250/oz as investors seek refuge
Gold rose above $1,250 an ounce and neared a one-year high on Wednesday, acting as counter against risk alongside top-rated government bonds as oil's earlier weakness rippled into global equity markets. "Gold is rising on the back of weak risk appetite, but what stands out today is that the market is rising even though the dollar is higher as well," Jens Pedersen, senior analyst at Danske Bank, said when the greenback was firm...............................................Full Article: Source
Print