[QODLink]
Europe
Gold starting to lose glitter following slump
Sudden fall in price after recent highs leaves some investors feeling metal has peaked and cash is better option.
Last Modified: 27 Sep 2011 04:55

After hitting a high of $1,900 an ounce in early September, the price of gold has fallen to just above $1,500.

European policymakers are struggling to resolve the region's debt crisis, and such fears would normally drive the price of gold higher.

But with the commodity already at such lofty heights, many investors now feel the only really safe bet is cash itself, and hence the selling.

Al Jazeera's Azhar Sukri reports.
Source:
Al Jazeera
Topics in this article
People
Featured on Al Jazeera
Al Jazeera's exclusive publishing of a key Guantanamo prison military document lays bare the brutality of force-feeding.
Former military official says poverty and anger in indigenous communities mean conditions for an "insurgency" are ripe.
A four-part series that gives a rare insight into the country on the move, with history in tow.
Series on the Palestinian 'catastrophe' of 1948 that led to dispossession and conflict that still endures.
Featured
Syria: The War Within
Two years since the start of the uprising, rebels and Assad's forces remain locked in conflict.
China Rising
A four-part series that gives a rare insight into the country on the move, with history in tow.
Crisis in Bangladesh
Extensive coverage of war crimes tribunals and controversial calls for blasphemy laws.
Al-Nakba
Series on the Palestinian 'catastrophe' of 1948 that led to dispossession and conflict that still endures.
Korea Tensions
Al Jazeera looks at the escalation of military threats between N Korea and geopolitical rivals.
join our mailing list