With a period of relative stockmarket calm following the routs of February and March, the price of gold has come back into focus as it reaches new highs.
The precious metal recently breached the $2,000 per ounce mark last week, comfortably beating the previous records set during the height of the debt crisis in 2011 and in the aftermath of the global financial crash in 2008. This has caused investors to sit up and take notice, asking the question of whether gold still has a place in a portfolio or if now is the time to jettison it given it has served its purpose as a safe haven investment. While the rise in the price has been something to behold, given the wider macroeconomic backdrop it is not entirely surprising. In times of fea...
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