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Monday, December 7, 2009

Gold fever spreads to mutual funds

Gold and Silver Blog

December 6, 2009
BY DAVID ROEDER Sun-Times Columnist
Some investors are quick to invest in gold. Others would never touch the stuff. But whether or not you are a gold bug, you should check on your mutual fund holdings. You might find yourself wading more than bunion-deep in bullion without even realizing it.

With gold cracking $1,200 an ounce and up by more than a third this year, more fund managers are entering the market. Some believe it has more potential to appreciate, while others see it as better than leaving money in the cash drawer.
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