Why gold is making a comeback in stocks market.

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Dears,
Golden are having a summertime rebirth.
The price of gold touched $ 1.420 an ounce this week, than three and half months since the rising tensions Middle Eastern, volatile currency markets and renewed request Chinese jewelery and Indian drove prices rise.
Golden fell by $ 140 an ounce, or nine percent, on April 15 because investors discharge their holdings. That was the biggest one-day drop over 30 years.
Whereas the the price of gold is still up 17 per cent this year, the metal is increasing.

Below are the factors that drive its return: trading market gold tips.

One of reasons why the people are buying gold is that it gives as an alternative to the most traditional financial assets, says Mike McGlone, director of research based ETF Securities, a provider of ETFs based on commodities. As financial markets become nervous, investors usually purchase gold because is considered one safer assets that can be easily turned into cash.

As the equity or commodity market tips skyrocketed this year, rising to 20 percent, investors had is less need for hold gold.
By 100mcxtips
(Investment Growth Services)