Bloomberg writes that
the current gold rally has «cemented its status as a store of value.»
Not exact matches
That
gold is still holding at its
current level — despite rising rates, despite a stock market that continues to
rally — is «encouraging.»
The Japanese Yen and
gold are both trading lower after yesterday's safe haven
rally, as the imminent threat of the widening of the Syrian conflict eased, but we wouldn't rule out another quick change in sentiment, even as early as today, and the precious metal remains one of our favorite bets in the
current environment.
The situation in China has become so concerning that investors seemingly ignored the
current rally that is taking place in the
gold market, which usually supports miners during downward trends in the stock markets.
Precious metals»
current rally has triggered the stops of a lot of traders who were going short
gold / silver into year - end.