Gold may extend a rally that has driven prices to more than $400 an ounce, a seven-year high, as the dollar’s decline and the threat of terrorism spur investors to turn to the metal as a haven. “Having a position in gold gives you protection in a difficult financial period,” said John Hathaway, who this year added bullion to the $750 million in gold-related funds he manages at Tocqueville Asset Management LP in New York. “It’s like taking out insurance.” Full Story
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