| From Zawya.com: Gold has now become the shelter of choice for investors due to the turmoil in the global financial markets, which has also had a telling n effect on commodities worldwide.
Sloth Hansen, Saxo Bank Manager and Head of Futures and Fixed Income said: "It can be argued, especially at the moment, where gold is being used as a safe haven away from the turmoil in financial markets." The commodity uptrend we got used to, especially since July last year, has for now been broken as the Commodities Research Bureau (CRB) Index has corrected by 28 percent from the highs. .... Full Article: Source
|