Golden Opportunities: Why precious metals thrive in a crisis

Investors can either purchase physical gold or gold ETFs when dabbling in precious metals.
Physical gold is seen as a safe haven investment in times of economic uncertainty.

Gold rose to three-week highs on Friday, amid fears of a slowdown in the US economy. But why do precious metals perform well in a crisis?

"The (gold) markets will be more prudent ahead of the non-farm payrolls data due on Friday." - Jiang Shu, chief analyst at Shandong Gold Group.



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