Investors who sought to protect themselves from threats posed by runaway budget deficits which benefited precious metals such as Gold, as they are seen as a refuge from the impacts of government policy, led to a record rally for the metal. Gold's ascent to record-high levels took a sharp breather on Wednesday, plunging over 6.3 percent to trade around $4,178.23 per ounce. The sudden sell-off, sparked by prospects of trade talks between China and the US, immediately tests the conviction of investors, raising the critical question: Does thi
Investors who sought to protect themselves from threats posed by runaway budget deficits which benefited precious metals such as Gold, as they are seen as a refuge from the impacts of government policy, led to a record rally for the metal. Gold's ascent to record-high levels took a sharp breather on Wednesday, plunging over 6.3 percent to trade around $4,178.23 per ounce. The sudden sell-off, sparked by prospects of trade talks between China and the US, immediately tests the conviction of investors, raising the critical question: Does thi