As Europe Breaks Down, Gold Goes Vertical

Another perspective on the kind of anti-risk morning we’re seeing.

In the last couple hours, as the euro has broken down, investors are rushing for the safety and comfort of gold once again. Spot prices are are 1184/oz, looking to take out yesterday’s high in short order.



Photo: Kitco

Don’t miss: Here’s who’s getting pounded when Greece collapses >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

gold moneygame-us