A Gold Bar Sits in a Refinery near Mendrisio

A Gold Bar Sits in a Refinery near Mendrisio

Gianluca Colla/Bloomberg

A newly manufactured 400 ounce gold bar sits on a workbench at a precious metal refinery near Mendrisio. Gold rose 70 percent from December 2008 to June 2011 as the Fed expanded its balance sheet through debt purchases, fueling expectations of accelerated inflation and a weaker dollar.