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Investing in gold: Safe haven or 24k catastrophe?

Knock gold investment if you want but prices are up over 16% YTD

Image Credit: Bloomberg
Gold bars at Solar Capital Gold in Budapest.
Gulf News

Just what is it that makes people trust gold as an investment?

As the precious metal hits a 1-year high – driven by investors looking for a safe haven during the nuclear stand-off on the Korean Peninsula – we take a hard look at just why gold commands the respect it does.

We also look at the questions that come up every time prices jump. Is now a good time to buy? How long will prices increase?

What are the historical implications for long-term investing?

And when the global economy finally melts down, what good is a commodity that you can’t eat of make weapons out of? Yes, it’s that kind of conversation.

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