World economy: In gold they rush
FT.com explains role for gold in the world’s monetary system.
FT.com explains role for gold in the world’s monetary system.
By Kishori Krishnan Exclusive To Gold Investing News Spanish philosopher George Santayana had warned: “Those who cannot remember the past are condemned to repeat it.” The same could hold true for gold. The interest in the yellow metal is based on the fact that the price of gold has risen more than $700 since 2002. [...]
By Kishori Krishnan Exclusive to Gold Investing News Gold jumped to its highest in Asia in almost four weeks on Monday as fears of a global flu pandemic prompted investors to seek safer assets. By Tuesday however, gold slipped below $900 for the first time since Thursday. It jumped to its highest since early April [...]
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