Hybrid Gold Bounces As It Can’t Decide If It’s A Safe Haven Or A Commodity

Forbes reported that gold is acting as both a safe haven investment and a commodity.

As quoted in the market news:

Still, the yellow metal remains up about 20% this year and most analysts remain bullish.  It’s as hard to explain gold’s skyrocketing rise as it is its precipitous fall; UBS strategist Edel Tully notes gold is now behaving like a hybrid, acting as commodity or safe haven as investors try to find balance amid opposing forces.

Click here to read the full Forbes report.