Gold shines brightly in these dark times as investors flock to 'safe' buy

Gold saw its price soar over 1.5% notching its highest increase in more than seven years earlier this week, as investors moved towards the precious metal’s traditional safe-haven focus on fears of an extended recession and gloomy corporate earnings.

The rise surpassed $1,700 to touch its highest point since December 2012. A new Irish bullion company has achieved 70% of its yearly target in the last three weeks of trading as investors rush to the precious metal. Core Bullion is led by Nigel Doolin who feels that both dealing in physical gold and guaranteeing to repurchase any product sold will be a market winner.