
In the midst of the volatile market environment right now, many investors have rediscovered an interest in safe-haven assets. With the U.S. economy stubbornly resilient in the face of the Fed's rate-hike campaign, and the conflict between Israel and Gaza still in focus, gold prices have made quite a few advances above the $2,000 level recently.
During October alone, December gold futures (GCZ23) rose about 7%, while the S&P 500 Index ($SPX) pulled back.