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Anxiety and uncertainty push gold near $4,000 an ounce

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Investors, money managers and central banks across the world have piled into gold this year, pushing its price about 50% higher and setting a series of records in the process. Gold is approaching $4,000 per ounce for the first time.

Gold, often seen as a haven during times of turmoil, is on course for its best year since 1979, when prices surged over 100 percent during a period of high inflation, a depreciating dollar and a geopolitical crisis in the Middle East.

Read more from The New York Times.

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