You are here

Gold stays steady even in the face of war

The precious metal is proving much less prone to volatility as ETF cash eases price swings.
Wednesday, May 10, 2017 - 05:50

BT_20170510_GOLD107Y5B_2878879.jpg
A pure-gold, life-size mask of Darth Vader in a Ginza jewellery shop. The mask was made to commemorate the 40th anniversary of the Star Wars movie this year. In recent times, gold prices shifted only slightly despite a US bombing of Afghanistan, a North Korean missile test and fresh Greek debt woes.

New York

IN times of trouble, gold has long been a popular haven for investors expecting that more volatility will increase the value of the commodity. But lately, it's taking more than threats of war or terrorist attacks to get much of a reaction from the bullion market.

Price

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom