Gold up $9, reversing losses
Gold is taking a fresh run at $1700 after falling below it yesterday. The precious metal fell as low as $1670 today but has rebounded to $1695.
The rebound comes as equity markets slump to the lowest levels of the day.
I'm a gold but I don't think this move is truly meaningful. But it might be a sign that gold is now in a phase where it rallies even if stock markets slump in an orderly fashion.
