Why Isn’t Gold Responding To Uncertainty?

From orbex.com

There are a lot of reasons for investors to seek safe havens, particularly recently. But gold has struggled to reach the $1,900/oz level. Although it could make it that high eventually, it’s still notable that it’s taking so long. There are some fundamental things going on that could explain the phenomenon, as well as some other unusual things happening in the Forex space. The clouds are gathering Gold bulls could compile a pretty long list of reasons to support their position. From the longer term expectation of a recession, to the more immediate worries around the “balloon crisis” between the US and China. ... (full story)