Gold’s sharp rally off December’s low of $1046 has seen its price rise more than 17 per cent in the space of a few weeks. At the time of writing today, the precious metal was trading at just shy of $1230. Gold’s sudden waking from its slumber has caught many people by surprise, myself included. Likewise, the stock market plunge has lasted a lot longer than what most people had probably envisaged when it first started to descend. Clearly, gold’s status as the ultimate safe haven asset has well and truly been confirmed, yet again. The buck-denominated precious metal has also benefitted from a weaker dollar as hopes ... (full story)