| The price of gold glittered in early 2016, soaring 17 percent in the first quarter and trouncing returns in major stock and bond indices. Global investors pumped money into the gold market, a traditional safe-haven investment, early in the year as equity markets crashed in a short-lived correction. Stocks have since recovered, but gold hung onto most of its gains.
Gold soared to a 13-month high in February, climbing just above $1,280 per ounce. The rising price trend in gold is being supported by a variety of factors, according to the World Gold Council. These include concerns about emerging market growth, a hiatus in the U.S. dollar's rise, negative interest rate policies at leading central banks and investment demand...............................................Full Article: Source
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