Gold Advances As Paris Attacks Revive Safety Demand

Precious-Gold advanced on Monday trading as the deadly Paris attacks on Friday revived safety demand on bullion while sparked a sell off in equities. Several attacks in Paris resulted in the kill of 130 people, causing France to announce emergency and step up its air strikes against the Islamic State, which claimed responsibility for the attacks. Investors preferred to resort to gold, given its safe haven merit, helping it to halt its losses after racking up its fourth straight weekly decline last week.

from Energy and Metal Commentaries http://www.oilngold.com/analysis/commodity-markets-commentaries/gold-advances-as-paris-attacks-revive-safety-demand-2015111631757/