07.01.2015 - Gold price in 2015: Playing Russian roulette
What happened in 2014 -Gold ended the year not far below its opening levels, but symbolically at least it's the first back-to-back decline since 1998. After a torrid 2013, gold 2014's highs and lows were 20% or $237 apart, making it the quietest year since 2008. Managed money seemed to lose interest in trading gold. Volumes on paper market were down except for a few flurries towards the end of the year and a couple of, let's call it, interesting trading patterns. Gold’s much-admired safe haven status took a beating. Russia, Ukraine, Iraq, Syria failed to persuade investors that gold would protect them from geopolitical carnage...............................................Full Article: Source
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