Gold shares up on safe-haven idea

Gold-related products will be strong hedging tools in the near future: Analysts

Share prices of companies producing or selling gold have surged in the past few weeks thanks to rising demands for the metal as a safe haven for investors.

Analysts said that they recommend investors to hold gold-related products, from bar and coin to gold-backed exchange traded funds, as demands for gold as a hedging tool would stay strong in the near future.