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As stock markets fall, why investing in gold makes sense

As stock markets fall, why investing in gold makes sense

Gold prices rose on global growth concerns and stock market sell-off following which investors shifted towards safe haven assets like yellow metal.

Gold prices jump to 8-1/2 month peak on US rate hike outlook
Gold prices jump to 8-1/2 month peak on US rate hike outlook

The Fed is unlikely to reverse its plan to raise interest rates further this year, but tighter credit markets, volatile financial markets, and uncertainty over Chinese economic growth have raised risks to the US economy, Yellen told US lawmakers on Wednesday.

Horoscope: By Peter Vidal

Today ( 12 Feb )This Week ( 07 Feb - 13 Feb )

SAGITTARIUS How did you manage to arrive at the situation in which you now find yourself? It's probably hard to unravel the exact chain of events, but that's no reason to absolve yourself from all blame! The Moon's… read more