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A golden time for bullion stocks and shares?

A golden time for bullion stocks and shares?
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Stocks and shares might be falling in markets across the globe, but for gold, things are looking more positive than they have for years.

According to the BBC, with stocks and shares in banks and other sectors taking a beating today, many investors are turning their attention to bullion.

Illustrating the point, the price of fine gold rose by £1 between Monday and Tuesday, and Karen Martin of bullion firm Stephen Betts and Sons admitted the situation has not been like this for some time.

"I've never known it like this - in terms of the high price of gold as well as its volatility," she said.

"Normally it's pretty steady between those times [when gold prices are fixed, twice a day], changing by about one tenth of a penny, it's not much different."

Last week, Darius McDermott of Chelsea Financial Services told the Times that gold is usually a good hedge bet against falling markets.

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