Gold is a precious metal that there is a finite supply of and it doesn’t tarnish or degrade easily. For many hundreds of years global currencies were backed by gold, or even made of it. As that is in longer the case today gold is seen as a solid, safe investment that has very little chance of losing all value even in the worst financial crisis. Prices have risen in recent years because global geopolitical and financial uncertainty and low interest rates combined lead to high demand from institutional investors. However, even gold is not immune from the whims of today’s fast paced market that reacts incredibly quickly ... (full story)