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Is Gold Giving A Sign Of Economic Turmoil?

Financial Market was expecting Gold to continue its downfall in 2014 from 2013, however it surprised analysts and started the year by strong gains and has now again reached to the level of $1333 an ounce. It has always been said that investors buy gold in times of economic turmoil as it is considered as a safe haven. So is there a warning signal which Gold is trying to give or is there steadily rising physical demand for Gold? According to the World Gold Council, consumer demand for gold rose by 21% mainly in India and China. Now possibilities of economic turmoil could be a crash in China, deflation in Euro zone or recession in emerging market economies.

Source : www.marketwatch.com