Tag: Stocks Sink

Gold “Testing $1550″ as Stocks Sink, Bund Yields Vanish, Investors Flee Risk for Cash

Gold “Testing $1550″ as Stocks Sink, Bund Yields Vanish, Investors Flee Risk for Cash

The WHOLESALE gold price bounced from a 4-session low at $1552 per ounce Wednesday morning in London, rallying with the Euro currency as world stock markets slumped. The Athens stock market hit a fresh 22-year low, and Wall Street futures pointed 0.7% down, while US Treasuries rose sharply together with Japanese, German and UK bonds. […]

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