Which Way Is Gold Heading?

摘要

After a long, relentless climb, the precious metal has stalled. Still, some pros say if s worth adding some glimmer to your portfolio - gradually. FOR THE PAST decade, gold has grown ever more prominent in the investing Zeitgeist. "It feels like if s America's pastime now," says Stuart Rosenthal, chief executive officer of Factor Advisors, an asset-management firm in New York. But after flirting with the $2,000-an-ounce mark this summer, the metal's price promptly tanked this fall - at one point, dropping 9 percent in a week. The slump has left some investors in this $1.9 trillion market questioning how much gold should be in their retirement portfolios...if any.