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Commodities Briefing - Categorized | Bullion/Gold, Investment, Market Moves more

Investors pursue growth assets; platinum premium to gold may widen further: UBS

Posted on 16 March 2012

The recent market trend has been to unwind safe-haven exposures, such as gold, and buy growth assets, said UBS in a research note.
“This is clear in the resumption of easing correlations between gold and risk assets. The 20-day rolling correlation between gold and the S&P 500 indexes has fallen back to 0.39 after climbing sharply in the last couple of weeks to this year’s high of 0.55 as of last Friday,” bank added………………………………………..Full Article: Source


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