Gold prices are climbing. Here's why people rush to it when they get nervous.

Originally reported as: “Gold rallies to record as investors seek safe haven amid uncertainty”

The price of gold has been rising, often climbing when investors feel uncertain about the economy or markets. Gold is what people call a safe haven asset, something buyers tend to move toward when they want to protect their money during turbulent times. It doesn't pay interest or dividends, so its appeal rests mostly on the belief that it will hold value when other things wobble. A gold rally often says as much about fear and uncertainty as it does about gold itself.