Gold at Six Year High – Over $1,500 Per Ounce:
Of all the precious metals, gold is the most popular investment based on monetary value. Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has the most effective safe haven and hedging properties across a number of countries.