What Happened to Gold as the Safe Haven Asset of Choice?
January 19, 2016 at 12:47 PM EST
If the first couple of trading weeks in 2016 have taught investors anything, it’s that the global economy is in a much more tenuous position than originally thought. As uncertainty builds and oil continues to plummet, investors are fleeing from stocks into safe haven assets. But unlike past periods of high volatility, gold isn’t the asset to which they’re flocking.