This morning, after the mini-crash yesterday afternoon, I checked the gold-spot prices and noticed something very odd (at least to me.) Maybe it is because of my naiveté when it comes to the financial world. I was checking the spot prices because of was thinking of selling gold, the reason I was thinking of selling gold is because I had always thought that the price goes up in times of uncertainty. Anyhow, what was odd was that there was a sharp dip in the Hong Kong price of gold and the New York price of gold was relatively steady. Am I wrong about this theory on gold?
More on gold prices yesterday here.
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