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Gold: to have and to hold

With turbulence in global markets reaching boiling point thanks to a deepening of the eurozone debt crisis and pessimism about the ability of the US to keep its finances in order, risk shy investors have flocked to gold as a safe haven investment. With the yellow metal reaching new highs it might seem that gold hasn't got have much further to rise. However, analysts are convinced that as long as there is uncertainty, gold will continue its upward climb. So it's not too late to up your exposure and with gold mining equities significantly lagging bullion, a fund investing in the former could be the best way.

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By Maike Currie,
09 August 2011

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