Gold 2011

CNBC Poll: What's Behind the Gold Rally?

Jennifer Leigh Parker,|Writer

Gold prices have been rallying for most of the last decade and there are more than enough investors who say there's more to come after a six-fold increase.
Spot gold traded around $300 an ounce in 2002 and recently hit a new record high, above $1,900.

For some, the reasons behind the gold rally are clear — precious metals have always been a hedge against inflation as well as a safe haven and there's been plenty to worry about in recent years.

Skeptics say the rally's as much about speculation as fundamentals, but every correction thus far has been short-lived, suggesting that gold may be the real thing in the global economy of the 21st century.

So what's driving gold? You tell us.