Skip to main content

Gold: key trends helping the metal keep its shine

By 8th November 2016December 10th, 2019News

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