David Maida | PortfolioConstruction Forum | 30 April 2013

Gold has traditionally been seen as a relatively safe haven to provide some insurance and counter-balance to a portfolio but on 11 April its price began to free fall, bottoming out at US$1380 on 16 April far off its September 2011 high of US$1921. We asked some experts why - and whether gold now has a place in portfolios.

Jonathan Pain, author of The Pain Report, told PortfolioConstruction Forum that some investors have seen gold as a viable hedge against...