You are here
Gold investors hold their nerve while stock markets fly
By Jan Harvey
Reuters
Friday, November 10, 2017
LONDON -- Gold’s resilience in the face of soaring equities and a dramatic fall in demand this year points to underlying confidence in the metal among investors unconvinced by this autumn's scorching stock market rally.
Bullion's price has barely budged as stocks soared to record high after record high since mid-October and, with a month and a half to go, is on track to post its narrowest trading range of any year since 2005. Physical gold demand, meanwhile, hit an eight-year low in the third quarter.
But that masks solid underlying support from investors. While gold's price performance during this autumn's stock market boom has been underwhelming, they have not been bailing out of the metal. ...
... For the remainder of the report:
https://uk.reuters.com/article/us-gold-stall/gold-investors-hold-their-n...
A Network of Bullion Dealers Who Bid for Your Business
With a SmartMetals® account from the Hard Assets Alliance, you're always guaranteed the lowest prices for gold, silver, platinum, and palladium. When you buy bullion through your account, the alliance's network of trusted precious metals dealers launches into action -- and you’ll be shown the lowest price for your purchase. Also amazing is the low-cost storage available to you in six non-bank vaults around the world.
Click here to learn more:
http://www.hardassetsalliance.com/go/v34pm4/GAT
Join GATA here:
Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
