Money Supply

Quantitative easing by many central banks has stoked fears of inflation, but buying gold is not the only game in town. Photo: Bloomberg

The weight of paper

The recent sharp drop in the gold price has taken many investors by surprise, setting off a scramble to understand why, and what lies ahead. The past years' series of crises and the onset of quantitative easing by the world's major central banks a few years ago invited new interest in gold.

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