Gold finds a safe-haven bid
Read full post at forexlive.com
Gold has jumped $8 in the past few minutes to $1822.
That puts it in a rare group of assets that appreciating today. It’s also a good signal that gold can rally on a day when US stocks are down 2.5%.
When you zoom out on the daily chart, it’s still not a great picture but priced in euro or yen, it’s been a decent year for gold. Here’s XAU/JPY:
