This might be a stupid question - please fell free to tell me, I'm keen to learn - but why did gold dip during the Dubai fall out last week? I thought gold rose during periods of uncertainty. Given that, this comment from CNN confuses me further...
http://money.cnn.com/2009/12/01/markets/gold/
Surely "easing of Dubai fears" should have caused a dip today (instead of the spike we've had) ... or is it a sign of just how many new speculators there are in the gold market at the moment, relatively speaking?