In this market, all that glitters is gold

The Takeaway

Gold appears to be wearing a kryptonite vest as everything around it crumbles. In the face of stocks free-falling globally, the economy continuing to struggle, and jobs still hard to come by for millions of Americans, gold is surging. Gold rose to over $1,700 an ounce yesterday, and many believe we could see it top $2,000. We look at the history of gold starting when it was a mere $35 an ounce back in 1970.

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