Today is Mon, July 28, 2014 8:15:01 GMT
RSS Follow Us Follow us on Twitter Friend us on Facebook
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.

Complete Calendar
ArabicChinese (Simplified)EnglishGermanItalianJapaneseRussianSpanish