Definition
Something investors buy when they're worried, because they expect it to hold its value.
The story
When fear spikes, from a war, a crisis or a market crash, money often runs toward gold, Treasuries and the dollar. It's like heading for the basement in a storm. It doesn't always work, but it's where many people go first.
Why markets watch it
Gold has tended to draw buyers in times of stress.
Connects to
Spot goldTreasury bills, notes and bondsRisk-on and risk-off
Last seen in
We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice. All terms