Why record-high gold prices aren’t scaring away first-time investors

Gold futures topped $4,000 an ounce Tuesday for the first time ever. - Getty Images/iStockphoto Investor interest in gold has stayed strong, with increasing numbers of first-time buyers, despite record-high prices for the precious metal that topped $4,000 an ounce on Tuesday. Gold has rallied even as the U.S. stock market is trading near all-time highs. That suggests that investors are hedging record-high equities with record-high gold, but there’s a “growing element of hot money driving both markets, to ...