Investors turn to gold in times of uncertainty


20-Oct (ThisIsMoney) — In times of economic uncertainty, investors have always turned to gold.

It is renowned as a storer of value, the one asset that will consistently ride out soaring prices and volatile stock- markets. Unlike almost any other commodity, its price isn’t affected by inflation and is not linked to shares.

And if fears over the Chinese economy, a drop in growth of the emerging economies, or prolonged periods of low rates in the US are realised, it could soon be the asset of choice for investors again.

…when you invest in gold you need to remember that it isn’t about growing your money — it’s about protecting it.

[source]

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