Gold: safe haven or dead weight?

The lure of gold in troubled times

Gold has in recent weeks become more interesting to investors. After a lengthy period during which an ounce of gold traded around US$1,500 per ounce, it notched up slightly after the March stock market meltdown, to around US$1,700. Since the beginning of June, though, it has been climbing steadily, edging toward a historic high of US$2,000 per ounce in the final days of July.

READ MORE