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Page last updated at 11:57 GMT, Wednesday, 11 April 2012 12:57 UK

Why invest in gold?

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An ounce of gold is currently worth around $1650, still some way below last year's peak when it approached $2000 dollars. But with Eurozone fears resurfacing, will the precious metal once more prove to be an attractive safe haven?

Peter Hambro, chairman of the Petropavlovsk, the UK-listed Russian gold mining company told Today programme business presenter Simon Jack about his career in mining and why people turn to gold in times of trouble.


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