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AAP
AAP
Business
Steven Deare

It's no Bitcoin, but outlook is good for gold: experts

Gold Bitcoin Matt Anderson Ole Hansen Goldman Sachs
The main reason to have exposure to gold is it's long term store of value, a resources analyst says. (Dan Himbrechts/AAP PHOTOS)

For investors caught up in the buzz of identifying the next technology stock set to skyrocket, putting money in gold might seem an old fashioned, conservative idea.

Yet the precious metal has recently fetched record prices, and some analysts say market forces mean there is plenty to like about its long term outlook.

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