GOLD: The long and the shine of it

10 November 2010 | 17:00 - By Ricardo Goncalves

 The gold price has been trading at record highs recently, with the New York price reaching US$1422 per ounce.

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The gold price is trading at record highs, but for how long? (AAP)

The gold price has been trading at record highs recently, with the New York price reaching US$1422 per ounce.

As mentioned in my previous blog, the latest spike came after the US Federal Reserve injected US$600billion of stimulus into the economy.

But how for how long will investors be attracted to this so-called safe haven asset, and what are the different ways to get exposure to the shining metal?

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About this Blog

SBS Presenter Ricardo Goncalves with the latest in finance.

Ricardo Goncalves Ricardo Goncalves is a Presenter / Reporter for SBS World News Australia

 
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