What is going on with gold? The precious metal has lost 9 per cent of its value over the past month, yet investors are apparently continuing to pile in.

ETF Securities says its ETFS Physical Gold fund has seen more inflows than any other exchange-traded commodity (ETC) since mid-July, when prices first began to fall. Gold is now trading at $835 an ounce, losing nearly all of the gains it has made this year – due, in part, to a strengthening US dollar.