MONTREAL—Rising fears of a nuclear skirmish with North Korea and a large U.S. stock market correction have once again sent investors seeking a safe haven for their portfolios, helping to push the price of gold to its highest value in a year. Still, financial experts say gold should be a part of an investor’s basket of financial assets, especially those nervous about global risks. “The valuations are extremely high so as a safe haven it never loses its lustre. National Bank chief economist Stefane Marion says gold remains a safe haven over such alternatives that have “untested, unregulated measures” that could prompt government intervention. Those holdings can come from gold bars, coins, exchange-traded funds, Royal Canadian Mint securities or gold royalty streaming companies.

Source: thestar September 08, 2017 12:56 UTC