Gold has been considered a quite secure haven for economic investors throughout the recent turmoil inside the international economy. But this changed on April 12th, 2013 when a sharp two-day drop sparked a dramatic sell-off within the valuable metal, bringing the value down to $1200 from its all-time high of $1920 recorded on August 11th, 2011.Gold rates have plunged pretty much a third this year, halting a 12-year run of gains. Bullion lost favor with institutional and retail investors as they braced for the U.S. Federal Reserve to decrease its monthly $85 billion bond-buying system, moving funds to equities and also other riskier assets.
http://tippingrevolution.com/guest-post/is-gold-really-a-safe-haven-for-financial-investors/
No comments:
Post a Comment