Has gold regained the safe haven status? - GKFX
Not so long ago, gold as a safe haven was an out of fashion trade, but the stellar rally from the December low amid all the political uncertainty has boosted the yellow metal’s appeal as the ‘go to place’ during the times of uncertainty.
So has the yellow metal regained its safe haven status? Or the rally is just a corrective move in a larger downtrend.
Listen to James Hughes, Chief Market Analyst GKFX talk about market’s renewed love for gold as a safe haven and whether the strength would continue. Hughes also talks about Pound loving Brexit clarity and UK/US corporate earnings diary.
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