Why 3 Terrorist Attacks Were a Non-Starter for Gold

Last Friday, 3 horrible terrorism events occurred overseas. Yet, gold prices hardly budged on the frightening events or on the warning of U.S. Homeland Security to be on guard through the July 4th American holiday. This defies the popular logic of many gold investors, since gold is seen as the last stop on the safe haven train. So why do you think gold prices hardly budged? See our report on gold and terrorism here.

Precious Metals Relative Securities	Friday’s % Change
SPDR Gold Trust (NYSE: GLD)	+0.1%
iShares Silver Trust (NYSE: SLV)	-0.4%
Market Vectors Gold Miners (NYSE: GDX)	-0.4%
Market Vectors Junior Gold Miners (NYSE: GDXJ)	-0.2%
Direxion Daily Gold Miners Bullish 3X (NYSE: NUGT)	-1.8%
Direxion Daily Gold Miners Bearish 3X (NYSE: DUST)	+1.2%
Goldcorp (NYSE: GG)	-0.3%

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