15.01.2016 - Gold investment highest in a year following market uncertainty
It’s been a scary start to 2016 for global markets and investors are responding by buying more gold than at any time in the past year. In the past five days, investors bought 26.8 metric tons of bullion through exchange-traded products backed by the metal, the most since January 2015, according to data compiled by Bloomberg. Gold is one of the few commodities doing well, with prices up 2.8 per cent so far this year. Interest in the precious metal is being driven by demand for a safe haven after losses spread across Chinese and US equity markets and oil collapsed to $30 a barrel...............................................Full Article: Source
Print