Gold edged closer to $4,000 an ounce, extending a rally fueled by the US government shutdown and the political crisis in France.Traders are still pricing in a quarter-point cut this month, which should benefit gold as it doesn’t pay interest. However, Citadel's Ken Griffin said investors are starting to view gold as a safer asset than the dollar, a development that's "really concerning" to him. Griffin stated the US is seeing fiscal and monetary stimulus akin to what normally happens during a recession, which is stoking markets. Charles Schwab Senior Investment Strategist Kevin Gordon joined Carol Massar and Tim Stenovec on 'Bloomberg Businessweek Daily' to break it down.
How Much Higher Can Gold Go?

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