Is gold a good hedge?
The Editorial Junction reports whether Gold is a Good Hedge or not:
As I walked through the airport in Dubai recently, I was struck by the large number of travellers who were buying gold coins. They were not reacting to Dubai’s financial trouble, but rather were joining the eager rush to own gold before its price rises even further. Such behaviour has pushed the price of gold from $400 an ounce in 2005 to more than $1,100 an ounce in December 2009.
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Wed, Feb 3, 2010
Post by Melissa Pistilli, Gold Senior Reporter