MF Global about gold

Market news

13 September 2011

MF Global about gold

"Volatility remains high as gold is attracting more day and high-frequency traders. As a result, gold is losing safe-haven status and some investors are liquidating positions to increase cash and/or put funds into US Treasuries."

EUR/USD sets fresh high for the day at $1.3737 as US Stocks rise

European stocks close: FTSE 5,174 +44.63 +0.87%, CAC 2,895 +40.12 +1.41%, DAX 5,166 +94.03 +1.85%.

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