Gold Surges Above $5,000 Per Ounce For First Time

Investor appetite for gold, which is considered a safe haven during times of volatility, continues to be strong. The price of the gold has nearly doubled over the past year as many investors have turned to the precious metal as a store of value amid economic and geopolitical uncertainty. The seeming resolution, or at least a path toward one, of affairs involving the U.S., Greenland and mainland Europe appeared last week to have marked a cooling of geopolitical fears. Some analysts though, have said a broade ...