Bernanke: Gold Seen by Some as `Disaster Insurance'

July 18 (Bloomberg) -- Gold prices have fallen this year because investors see a reduced need for "disaster insurance," Federal Reserve Chairman Ben S. Bernanke said. Bernanke spoke in response to questions from Senator Dean Heller, a Nevada Republican, during his testimony before the U.S. Senate Banking Committee. (This is an excerpt. Source: Bloomberg)

Gold Vulnerable on Rate Outlook
31:49 - iiTRADER.com Senior Market Analyst Bill Baruch discusses the price of gold. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)
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