Global Market Uncertainty Triggers Safe Haven Demand for Gold

Gold price jumped as global risk sentiment slumped and demand for safe haven assets returned. Although US dataflow came in largely upbeat, both the greenback and Wall Street fell sharply. The weak sentiment, triggered by the slump in Chinese stock markets, further depreciation of renminbi and resignation of Greek PM Tspiras.

from Oil N' Gold Focus http://ift.tt/1PD52ep