The gold price is off a few bucks to get the week started:

The UK Telegraph had a brief article up over the weekend: Gold's 'safe haven' status tarnished by two week slump

It says (in brief):

  • Gold prices have endured a two-week slump
  • Its often viewed as a safe haven by investors
  • But has has slumped by $50, or 3.5pc, from a high of $1,170 per ounce on August 24

The piece is no game changer, but its not doing gold any good this morning in Asia.