Finally a "happy" ambient panic in the gold price!
The precious metal has benefited from the financial crisis. His qualities of safe investment - qualities become very rare at present - have largely argued in its favor in the eyes of investors.
Nothing does its success today, not even the resurgence of the dollar, which he seems to stand out now.
Gold prices have indeed taken from the force after having fallen away the previous week.
Although they are usually closely correlated, conversely, those of the dollar, the recent upsurge in the greenback has not harmed. The U.S. currency has gained nearly 3 cents on the week, reaching even higher for more than a year to 1.3444 dollar per euro. According to analysts, gold has decoupled movements of the dollar against the euro.
In a chaotic environment that, the fundamentals seem to play more, investors regard gold as the only buoy them to float.
It should however be expected: the movement of liquidation to obtain liquidity should somewhat slow the progression of the course.
On the London Bullion Market, an ounce of gold was 900.50 dollars Friday, the fixing of the evening, against 828 dollars last Friday.
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