Today is Mon, August 21, 2017 9:16:56 GMT
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Question of the Day Why is gold considered a “safe-haven”?

Gold is considered a safe-haven asset as throughout history it has been viewed as a store of value.  It is essentially a currency that cannot be manipulated by the interest rate policies of any one government, and has traditionally been used as a hedge against inflation.

As the US dollar continues to decline, money moves to gold in order to take advantage of the potential inflation that may occur as a result.