Gold received a lot of attention over the past four years as its price per ounce more than tripled from a low of about $610 per ounce in 2009 to a high of about $1890 in 2011. Since then it’s dropped off quite a bit, but investors are still inquiring about including gold and other precious metals in their portfolios.

Kevin O’Reilly, a fee-only financial advisor with Phoenix-based Foothills Financial Planning, is not a big fan of the shiny stuff, although he acknowledges the interest has been there.

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