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In the past few weeks Gold price has rallied despite the simultaneous gains in the equity markets of developed nations. Purely from short term investment POV the equity markets in developed nations are opined to be a better bet, but that doesn't explain the gold rally. Many analysts suggest that the price rally had been driven by policy uncertainty in China and economic weakness in emerging markets. Could someone please elucidate on the strength of these factors and comment on the sustainability of this price rise?

Two factors which have largely been reversed now.At the time you wrote this -1) A lot of people wanted in on gold but were waiting until it was showed signs of not sinking like a stone. Once it started to rally, lots of people jumped on further supporting the rally.2) Russia/Crimea/Ukraine = global uncertainty which is gold positive.Once the Ukraine settled down and Janet Yellen hinting at a date for interest rate hikes, the market lost interest in the gold rally.

Gold price hits 13-month highI'll be happy to hear sound comments on current gold rally. Thank you.