GOLD IS REGAINING ITS sparkle in an uncertain market with renewed attention to this ancient asset as a portfolio diversifier.
The yellow metal is often seen as a safe-haven asset much like U.S. Treasury bonds or cash, an investment that retains value when riskier assets fall.
Along with stock market uncertainty, several factors currently drive the gold market price, including the direction of the U.S. dollar and concerns of an economic slowdown. Geopolitical worries in the U.S. and the Europe, such as the recent government shutdown, and failed Brexit talks in the U.K., make gold shine as a safe haven.
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