David Morrison, GFT UK http://www.spread-betting.com/spreadbetting/commodities/gold-spread-betting Gold has been in a bull market for the last 10 years. The gold price hit a nominal all time high earlier in 2011. One of the major reasons for the surge in interest in gold has been the wish to diversify away from fiat currencies i.e. those currencies that are purely backed by faith in sovereign governments honouring their obligations. Gold is real, it has served as money for thousands of years and its divisible so investors are increasingly recognising its value.
