There are a raft of fundamental factors that play a key role in the movement of gold, with the push and pull of these factors collectively driving huge volatility in recent sessions. Just in the past couple of days, positive market sentiment returning has been positive for gold as it means an end (at least for now) to portfolio margin calls and an end to the forced selling of gold positions as part of a portfolio of assets. The dollar correcting back is also gold positive, along the traditional negative correlation between the two. The correlation currently remains -0.7 which is still very strongly negative. Also ... (full story)