The Globe and Mail reports in its Saturday, Oct. 11, edition that investors cannot resist the latest shiny object -- especially when it is literally a shiny object. The Globe's John Heinzl writes that driven by inflation, geopolitical jitters and a wobbly U.S. dollar, gold blew past $4,000 an ounce for the first time last week. Gold exchange traded funds, in particular, have seen massive inflows from retail buyers, adding to demand from central banks diversifying away from U.S. Treasuries amid the economic uncertainty created by U.S. President Donald Trump's unpredictable policies. With the precious metal nearly doubling over the past two years, gold bugs' portfolios are glittering.
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