| In a world often full of turmoil and instability, cautious investors flock to gold while traders are jumping on the oil bandwagon. Against a global backdrop of high inflation, economic turmoil and political instability, investors are turning to gold and oil as a way to profit from uncertainty.
Mike McCudden, head of retail derivatives at Interactive Investor, says: "When there's any sort of market calamity you often see an uptick in gold as it's regarded as a safe haven. This makes it an ideal tool for hedging against these events.".............................................Full Article: Source |