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Byline: Dennis Seid
May 21--Gold is probably the most precious metal of all, adored since the time before Christ by kings and commoners alike.
For gold investors, January 1980 was a time they'll never forget: Their favorite metal briefly reached a record $875 an ounce.
Now, a revival of sorts is in the works. Gold is again fetching big money as a weakening U.S. dollar and rising inflation puts fear into those looking for a perceived refuge in precious metals. Recently, gold reached a 26-year high, at $732 an ounce. Just five years ago, it was about $300 an ounce.
Gold, it seems, is looking golden once again.
But should investors start gobbling up bullion and coins, snapping up ...
Source: HighBeam Research, Investing in gold glitters anew.