07.02.2014 - Gold prices uncertain; value still shines for some
For centuries, gold was seen as a secure investment because it acted as a substitute for legally tendered money and served as a hedge against inflation. Both institutions and individuals invested in the safe haven, believing gold would keep them safe from the vagaries of economic misfortune. In September 2011, gold prices reached a record high of more than $1,900 per ounce. But two years later in 2013 prices for the shiny metal had fallen almost 30 percent. So far in 2014, gold prices have recovered slightly but economists disagree on whether gold is going to recover its recent sparkle...............................................Full Article: Source
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