Written by Binary Option Strategy Analyst David Ben-Asher
Investors generally buy gold as a safe haven against economic crises such as inflation and political or social unrest. Throughout history gold has always been a standard of value and away for foreign trade to flourish. Investing in Gold is usually a long term investing. An ounce of gold purchased in 2000 for $272 in now worth more than $1120. A quick look at the Dow/Gold chart shows an upward major trend in recent months.