By Ross Norman of Sharps Pixley | Thursday 12 December 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The U.S. Comex gold futures staged a rally of 2.18% on Tuesday to end at $1,261.10. The jump was the biggest percentage rise since 17 October. The CRB Commodities Index also jumped 0.76% this week. Year-to-date, the gold futures have fallen 24.75% while the S&P 500 Index has surged 26.39% and the Euro Stoxx 50 Index has risen 12.33%.
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