Why safe-haven gold is acting like a ‘risk-on’ asset as it soars toward an all-time high
July 09, 2020 at 13:30 PM EDT
Gold is traditionally thought of as a haven asset — a safe port in a storm. But that hasn’t stopped it from rising to a near nine-year high, and within striking distance of its record, even as equities and other assets traditionally viewed as risky remain buoyant.