That Was Then, This is Now for Gold
Source: MarketWatch.com (8/24/07)
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.
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.