In a new year of economic uncertainty, gold is a bright prospect again

China 0 Comment 4


A no-deal Brexit is only one of many potential threats sending traders fleeing to safe havens

The recent gyrations in the FTSE 100 and the tumbling price of oil may have captured public attention, but in the last four months the FTSE All-Share index has lost 12% of its value and the gold price has jumped 10%. If any two figures really show how nervous traders have become about the new year, it is these.

The safe haven that gold offers has pushed its price to a 15-month high of £1,010. The riskier FTSE All-Share, which covers all London-listed companies, has tumbled almost 600 points to 3596.

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Source: china
Link : In a new year of economic uncertainty, gold is a bright prospect again

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