Gold surge sees shift to speculative asset from haven, BIS says
Gold's gain was partly due to “trend-chasing investors” trying to take advantage of the “media hype”, according to the bank.
CHART: So far so good on the 3-year gold, silver stocks rule
The price of gold has lost a third of its value since hitting all-time highs in 2011. 2013 was particularly brutal with the metal declining 28%; its worst performance in a decade. The last three years have been even more...
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