HOT TOPIC: What’s pushing gold?

Gold reached a new record high on May 11, closing at US$1,220.50 per ounce and headed even higher at press time. There are many reasons the price is rising, and a combination of all of them cannot be ruled out. But if you had to pick just one, what is the biggest factor pushing up the price of gold?

Please go to the CMJ home page, www.CanadianMiningJournal.com, and find the Hot Topic Opinions half-way down on the left hand side of the page to vote.

Last week, CMJ readers considered the political risks and mineral potential in choosing the best place to invest. It was no surprise that they chose Canada (87.5%) over Australia (12.5%) or Venezuela (zero).