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Gold is second-best performing currency of 2014

Section: Daily Dispatches

By Sumit Roy
Hard Assets Investor, San Francisco
Tuesday, December 23, 2014

2014 may have been the year of the dollar, but gold was not far behind.

Gold retreated over the past several sessions, moving back into the red for the year. A stabilization of Russia's economic crisis, record high stock markets, and strength in the U.S. dollar all weighed on the yellow metal. ...

Given the strength in the dollar, it's surprising that gold has held up as well as it has. At current prices, gold is down only 2 percent year-to-date, which is actually the best performance of any of the major non-fixed currencies. ...

... For the remainder of the report:

http://www.hardassetsinvestor.com/weekly-commodity-reports/precious-meta...



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