Why precious metals are viewed as safe havens

The price of gold hit another record high this week. People see the precious metal as a safe haven during unstable times. But there are other reasons we have coveted gold since the dawn of civilization, not all of them rational. We'll hear from Douglas Porter, Chief Economist at BMO Financial Group and Globe and Mail columnist, John Rapley, about the allure of gold and what's drawn people to it over centuries.