Gold give up his leadership as a safe haven and join the troubled investment tools

Gold price technical analysis 30 - May, 2013

Forced uncertainty plaguing of the global economy, gold to give up his status as a safe haven for investors from around the world, resort to it when crises, and as a reserve for investors long-term, after he walked in the recent period to approach the rest of the investment vehicles in markets (metals, oil, currencies, equities, bonds), the price volatility, which has long been away from the gold price.

Fluctuating price of gold between the sharp drop in a week and then the sharp rise, which has never been over the history feature of the tag, cited analysts who spoke to «economic», to be ambiguous and severe uncertainty the course of the global economy, noting that this volatility sharp, is the standard real-blur and uncertainty that is going on in global economies.

The price of gold fell slightly on Monday, after recording the biggest rise in more than three years at 1619.40 USD/Troy an ounce.Following are more details:Abandoned the gold in the last weeks of his status as a safe haven for investors from around the world, resort to it when crises as a reserve, as it marched on the approach to the rest of the investment vehicles in markets (metals, oil, currencies, equities, bonds), the volatility price, which has long been away the price of gold.

Fluctuating price of gold between the sharp drop in a week and then a sharp rise, which has never been over the history feature of the tag, analysts cited in the gold sector, spoke to” economic”, to the deep mystery and uncertainty the course of the global economy, pointing to This sharp volatility, is a standard real-blur, and uncertainty that is going on in global economies.And gold falling slightly yesterday, after scoring the biggest jump in more than three years at 1619.40USD/Troy an ounce, when it raised U.S. jobs data, which were weak, speculation on further easing of monetary policy and increased demand for gold as a hedge against inflation.And increased jobs data that came from a weak suddenly darker picture of the global economy, at a time when it seems that the euro zone increased Angmasa in the debt crisis, and slowing growth in China.