Gold Moving Higher as Investors Flee to Safety on Nasdaq Meltdown

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Gold Moving Higher as Investors Flee to Safety on Nasdaq Meltdown

Gold Moving Higher as Investors Flee to Safety on Nasdaq Meltdown
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Gold Moving Higher as Investors Flee to Safety on Nasdaq Meltdown

TheStreet.com Videos 2:06 mins

Gold is continuing its crawl back to high levels as investors are becoming leery of risk taking. David Williams of Strategic Gold says gold is still at a great price and as investors see the daily selling in momentum stocks at NASDAQ, they are shifting to safety. The NASDAQ has dropped 5% over the past month and each day it drops it pulls the other indices down with it. Also, the Federal Reserve minutes have given gold investors more confidence to buy.

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