It’s absolutely certain in a world of constantly changing values, constantly changing politics and constantly changing risk.”“It’s a tried and true safe haven,” added HSBC Securities commodities analyst Jim Steel. He wrote that many gold investors don't buy it because it's a productive asset, but because they think people will someday want gold. “In a world of uncertainty, gold never changes,” Ash said. Currencies around the world — led by the pound — may lose value as the financial repercussions of Brexit reverberate. "Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end."

Source: Washington Post June 25, 2016 11:30 UTC