from Secular Investor:
Rise in Volatility has just put precious metals back in demand. As equity volatility persists, the price of gold has been unable to shrug off its correlation with the US dollar. Investors have now begun to look for safer options to put their money in.
The rise in the number of jobs in the US, as well as the government bond yields has had a direct impact on the price of gold.
However, as Greece still looms on the horizon and other asset classes offer very little protection, investors have turned their eyes towards gold and other precious metals again.
Read More @ SecularInvestor.com
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