While you were sleeping: Stocks, Boeing sink

Thu, 11 Feb 2016

By Margreet Dietz Feb. 12 (BusinessDesk) - Equity markets slid amid renewed fears about global economic growth, bolstering the appeal of perceived safe-haven assets like US Treasuries and gold. Spot gold climbed more than 4 percent to touch US$1,247.98 an ounce, its highest level in a year. Silver and platinum also advanced. “The safe-haven seekers are moving back,” Julius Baer analyst Carsten Menke told Reuters. “We recommend clients add gold to their portfolios as insurance, if things turn out really bad, there will be much more upsi...

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