Âé¶¹´«Ã½

The word aurophilicity

8 February 2003

STOCK markets may be crashing, but one thing remains a safe bet for anyone wondering how to invest their money: gold. Recently, the price of gold has risen to its highest level in more than six years. In times of uncertainty, the yellow metal is the safest haven around.

People have been putting their faith in gold since long before stock markets were invented. Why do we value it so? Part of the allure is its immutability. Gold stays gold. Shake the dirt from a pair of earrings worn in a Mycenaean citadel 4000 years ago and they shine as…

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