The spot price of gold climbed by over 1% to $1,655 an ounce as the Federal Reserve said it is likely to ease monetary policy soon unless there is a sharp change in economic data.
Fiona Murphy asks what trends advisers and providers are seeing in SIPP investments
Europe should turn its back on austerity and pursue a pro-growth agenda like the US, according to Fidelity's Trevor Greetham.
Gold has lost a fifth of it value since its peak last year as investors move into cash as fears over the eurozone crisis intensify.
The gold spot price fell to a four-month low of $1,596 on Tuesday after the dollar strengthened significantly against the euro and other leading currencies.
Investors who have helped pushed gold prices up to record highs are now turning their backs on the precious metal, with figures this week showing heavy selling by gold ETFs.