Gold Rising on Geopolitical Tensions

The latest Wholesale Direct Metals review of the markets shows some interesting data. Gold often does well during times of turmoil. So is it any surprise that the price of the yellow metal is up 13% this year and approaching $1,300 an ounce? Some think gold could climb even higher, especially if Qatar and other nations in the Middle East continue to feud. Saudi Arabia, Egypt and others have cut off diplomatic ties with Qatar, which they have accused of sponsoring terrorism. Wholesale Direct Metals will examine the latest data to determine upcoming changes in market activity.