![One kilogramm fine gold bar are pictured in the Pro Aurum KG in Munich, Germany, on Wednesday, July 10, 2019. Photographer: Michaela Handrek-Rehle/Bloomberg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/BAJRQPUQU7FT3LV44ZOVE4ABQQ.jpg?smart=true&auth=a427c210b378ea008decb07562598ea7f3dfeff0480ca94d482f956380d5017e&width=400&height=225)
Gold is considered as a safe haven as an asset due to current situation in market. Michaela Handrek-Rehle/Bloomberg
Gold is considered as a safe haven as an asset due to current situation in market. Michaela Handrek-Rehle/Bloomberg
Why is the price of gold so high right now?
Gold has risen on the back of fears of a global recession