That Was Then, This is Now for Gold

Source:

Analysts blame that on the metal's changing market. "The entrée of large institutional players have most definitely altered the gold landscape to the point where it is no longer the same old game," said Jon Nadler, a senior analyst at Kitco Bullion Dealers.

As frustrating and unpredictable as gold has been in the past few years, it parallels history at times, and sometimes it's anyone's guess. Analysts blame that on the metal's changing market. "The entrée of large institutional players have most definitely altered the gold landscape to the point where it is no longer the same old game," said Jon Nadler, a senior analyst at Kitco Bullion Dealers."This new reality has infused additional volatility and counter-intuitive trading patterns into the gold market equation," he said...

And as investors "tread through the ongoing credit crisis," gold will likely act very differently than it has during past stock market corrections or crashes, said David Beahm, vice president of marketing and economic research at Blanchard.

Related Articles

Get Our Streetwise Reports Newsletter Free

A valid email address is required to subscribe