Golden opportunity - confidence returns in precious metal
By GCRU Gold News on Thursday, August 13 2015, 02:47 - Permalink
Investors are returning to the safety of gold. Following the biggest monthly drop in two years, gold has risen almost every day in August.
“The gold price is the sum of all fears, and we’re seeing a reflection of nervousness in the market following the yuan devaluation,” said Ross Norman, chief executive of Sharps Pixley, the London-based metal dealer.