After the Huge $GS Call, Is Gold Still a Safe Heaven for Wealth ?

“SAN FRANCISCO (MarketWatch) — Gold hasn’t been trading like a safe haven lately, leaving investors to wonder whether it still is one.

“The volatility that the price of gold has seen lately gives the illusion that it is not a safe haven, but in reality investors still view it as a place to protect their wealth,” said David Beahm, vice president at precious-metals investment firm Blanchard & Co.

That’s tough to believe, however, given the steep drops the precious metal has suffered in recent sessions.”

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