Gold and the credit crisis

While gold's qualities as a safe haven are renowned, there are many other reasons to consider investing in gold ETFs in the current financial situation, says Rozanna Wozniak Given the dramatic global economic events of the third quarter of 2008, the focus for investors around the world was, unsurprisingly, a search for a safe haven during the turmoil, with a number of investors turning to gold. Gold exchange traded funds (ETFs) enjoyed record quarterly inflows, but to truly understand gold ETFs, one must take a more holistic view of the gold market. The initial reaction in the gold pric...