Full coverage: Gold

As the values of gold and other precious metals rise, owners of quality jewellery should have them reassessed for insurance purposes.

The rise in gold prices is set to continue, unless we see higher real interest rates combined with a large improvement in global risk appetite and international trade around the world. Neither scenario looks plausible at the moment.

Nixon lives on. The bulge of credit, debt and danger has simply been shunted into the shadows of leveraged loans, junk bonds, emerging market debt and myriad other dim crevices.