Remember the go-go days of gold? Well, the metal — sorry, currency — hasn’t collapsed yet, but it is exhibiting a pattern. Almost anytime there’s some strength, it wilts under gravity.
It’s currently below $1200 again.
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 research.businessinsider.com.au.