Market Strategist: Aspect People and Bond Yields

market strategist: We're seeing money go into gold so that investors have something safe in case there is a sell-off, according to Market Watch. Gold for February delivery GCG20, 0.08% on Comex advanced 3.70, or 0.2%, at 1,518.10 an ounce, its highest level for the most-active contract since Sept. 24 when it closed at 1,540.20, according to Fact Set data. It's low bond yields, a seasonal aspect and people heading into the new year with record equity prices, said Bob Haberkorn, senior market strategist at RJO Futures in Chicago, in an interview with Market Watch, about the year-end gold rush. March silver SIH20, -0.86%, meanwhile, shed 4.7 cents, or 0.3%, to settle at 17.943 an ounce, a day after marking its highest settlement since Nov. 4, just below a psychologically important level at 18. Gold has passed the phase one trade deal test with flying colors. For the week, gold rose 2.45%, its sharpest weekly climb since early August, while silver gained nearly 4%, also its best week since August. (news.financializer.com). As reported in the news.