12
May
Gold at Six-Month High in Dollars (GC in WSJ)
12 May 2010 Wall Street Journal
Gold set an all-time record high, a symptom of broad-based investor concerns about markets and the global economy.
The yellow metal's traditional role is one of a "safe haven," a place where participants turn during times of acute stress in markets. Gold's popularity has grown on the realization that any sustained recovery from the recent worldwide recession will be a long, drawn-out process, with investors now also worried about the potential for defaults by euro-zone nations.
http://online.wsj.com/article/SB10001424052748704250104575237733990859828.html
