Video: Why Gold's Gonna Rise
The Dow, Nasdaq and S&P 500 are down (as of this writing); gasoline, natural gas and oil prices are up. The U.S. dollar is down against the euro and the British pound.
So where is gold headed?
Up, says BlackRock's Evy Hambro. He told CNBC why the precious metal is set to climb over the long term.
Click on tickers for info/headlines:
- SPDR Gold Shares
- Market Vectors Gold Miners ETF
- iShares COMEX Gold Trust
- Newmont Mining
- Coeur D Alene Mines _______________________________