STEVE INSKEEP, host: NPR's business news starts with a kind of gold rush.</s>STEVE INSKEEP, host: Gold remains safe in the eyes of investors worried by trouble in Europe and uncertainty in other financial markets. At one point in trading yesterday, gold hit $1,252 an ounce, though it dropped back a bit after that. Investors are buying gold because they think it will hold its value, over time, better than other investments.</s>STEVE INSKEEP, host: This year, the price of gold is up about 14 percent while the S&P Stock Index is down about five percent.
Gold remains a safe haven in the eyes of investors who are rattled by trouble in Europe and uncertainty in other financial markets. At one point in trading Tuesday, gold hit $1,252 an ounce, though it dropped back a bit after that. Investors are buying gold because they think it will hold its value over time, better than other investments.