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Sify Home >> Finance >> Gold >> Is this the end of the road for the gold rush?

Is this the end of the road for the gold rush?

An employee displays a gold necklace during a photo opportunity at the Ginza Tanaka store in Tokyo September 17, 2010. REUTERS/Yuriko Nakao/Files
No obvious answer

Growth is stalling, the euro zone is flailing, the US Fed is spent and risk markets are melting down - yet gold, the one asset that has consistently rallied in similar circumstances over the past year, is in a tailspin.

After a month of unprecedented volatility that has rattled some investors' confidence in gold's decade-long winning streak, the question is obvious: Is this what the popping of a gold bubble looks like?

The answer, of course, isn't obvious.

Text & Images: Reuters




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