Demand sparks a contemporary date gold rush
This week, it clogged higher than $1,500 an ounce pro the pioneer instant.These days, it seems gold is all around us, scintillating to the same degree not at all beforehand, CBS News correspondent Dean Reynolds reports.With the U.S. cutback sluggish, with turmoil in vogue the hub East, chaos in vogue Japan and in the vicinity bankruptcies in vogue Europe, gold is striking, luring miniature and significant investors alike.Special Section: adversity inside JapanSpecial Section: Anger inside the Arab WorldGold is historically likened to a monetary metal and, other than with the intention of, a safe-haven asset, believed Abraham Bailin, an exchange-traded sponsor analyst by the side of investment follow a line of investigation fixed Morningstar.