Gold prices touched six-year high on Monday and commodity analysts believe that the prices may go up further. Is it time to take a second look at gold as an asset class, especially gold mutual funds? Many financial planners and investment consultants have stopped recommending gold as a diversification tool after the yellow metal lost its sheen in the last few years. Will they change their stance now that it has bounced back to a multi-year high?
Gold surpassed $1,400 an ounce on Monday. ..