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Zoellick: Gold is 'Elephant in Room'

Wed 10 Nov 10 | 04:45 AM ET
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Zoellick: Gold is 'Elephant in Room'

Wed 10 Nov 10 | 04:45 AM ET
Gold is the "elephant in the room" that must be addressed by policymakers, as it's being used as an alternative monetary asset because of unease about the strength of developed economies, Robert Zoellick, president of the World Bank, told CNBC Wednesday.

Topics:

Economy (U.S.)  | Investment Strategy  | Politics and Government
 
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