Gold in volatile mood

After surging over $1000 recently, gold has shown volatility, plummeting back towards $900, and is being considered as a portfolio diversifier more than ever, reported Gulf News. Meanwhile, analysts say gold buying on a retail level has dramatically reduced, typically in the Middle East and on the Indian subcontinent markets. However, local jewelers claim buyers have not dipped as ordinary consumers consider buying gold items as a form of investment. [AMEInfo.com]



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