LONDON, 5 August 2024 – With global stock markets tumbling today, comment from BullionVault leads the latest gold-market report from global news service Reuters.
"There's some truth in the old chestnut that all correlations go to one in a crash," says the report, quoting BullionVault director of research Adrian Ash.
"With traders needing to liquidate winning positions to cover margin calls on other assets, gold's volatility signals the level of panic hitting equity markets."
Read the full report – now widely syndicated worldwide to sites including Zawya and Marketscreener – at Reuters here:
Source:
Reuters
