Gold has long thrived on bouts of uncertainty and right now markets have uncertainty in spades. The Brexit vote in Britain, the prospect of Donald Trump as US president and a raft of elections due in Europe next year have all pushed investors to ramp up their holdings of the precious metal.
That strong demand for gold – seen as a safe haven in troubled times – has sent its price soaring on world markets this year. But while big investors like pension funds stock up, individuals who fancy their own little pot of gold for a rainy day have been priced out of the market.
As the World Gold Council releases its latest figures we look at key trends for the metal.
Source: The Guardian