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Bob Pisani on investing in gold at $1,300

Gold spiked over $1,300 for the first time in two years, and suddenly it's a topic of conversation on trading desks. In fact, it's quite a rally.

Gold was near a six-year low in February before turning around on market turmoil and the global drop in bond yields.

Bullion spiked again in just the last two weeks — going from roughly $1,200 to $1,300 — and this time the concern is largely over Brexit.

For investors, however, the question remains: Should gold become a more substantial part of your portfolio?

In exclusive content for Pro subscribers, I describe the deciding factors for the shiny metal.