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Gold and Other Precious Metals 2011

Quiz: CNBC QUIZ: The World Of Gold

Just three years ago, gold was trading around $700 per ounce. Since then the precious metal has marched steadily higher, touching record highs above $1,900 per ounce. Yet, even with this meteoric rise, gold remains in strong demand, as worries about the US debt limit, a Greek default, inflation and a sharp and sudden slowdown in the Chinese economy push investors to seek a safe haven.

But before you join the herd of gold bulls, take our quiz to see whether you can tell myth from markets.

Posted 29 August 2011