MH17 plane crash: Investors sell off airline stocks, pile into gold
By GCRU Gold News on Thursday, July 17 2014, 23:51 - Permalink
Traders have reacted to news that a Malaysian Airlines plane has crashed in eastern Ukraine by selling off stocks, especially of airlines.
Geopolitical fears over tensions between Ukraine and Russia have been resurrected, seeing investors move out of equities into traditional safe-haven assets, like gold. The precious metal is often seen as a hedge against risk.