Three reasons why gold is a good bet now
A potential end to the near unprecedented dollar bull market could strengthen gold prices
A potential end to the near unprecedented dollar bull market could strengthen gold prices
The resignation of Brexit secretary David Davis followed swiftly by foreign secretary Boris Johnson saw a 237% jump in people purchasing physical gold on Monday compared with an average day, investment firm The Pure Gold Company has said.
Gerard Clancy, head of sales, south-east Asia at Old Mutual Global Investors, talks to International Adviser about making gold and silver a core investment strategy.
The price of gold surged to its highest level so far this year in the wake of North Korea firing a missile over Northern Japan.
The stand-off between US president Donald Trump and North Korea has led to a spike in gold and silver prices, with financial markets adopting a safety first attitude in the immediate aftermath of escalating tensions.
Gold sales have soared in the past week after doubts over Theresa May’s ability to win the election, coupled with an increased terrorist threat.
Physical gold sales soared on Tuesday after UK prime minister Theresa May called a snap general election, according to The Pure Gold Company.
A former financial adviser has been handed the maximum bankruptcy order of 15 years for acting in the management of a company while he was subject to a lengthy director’s ban.
Caution should prevail while economists struggle with forecasts in a climate of too many unknowns, according to François Duhen, chief economist and strategist at Swiss banking group Crédit Mutuel-CIC.
The surprise US election victory by Donald Trump has greatly increased uncertainty, yet asset prices are now back at similar levels as just a couple of days ago when a Clinton victory looked more likely.
Gold jumped as much as $75 (£60, €68) an ounce on Wednesday, while gold miners surged as investors watched Donald Trump edge ever closer to the White House.
New US investors in gold increased by 81% over the month of October as the price of bullion fell to its lowest level since April at $1266 per ounce.