Barclays launches new gold bond

Barclays Private Clients, Premier Banking, is today launching a new gold bond, thought to be a forerunner of its type in the market. This gold bond is the first of a new range of commodity bonds offered by Premier Banking. A 100% capital guarantee will be offered at the same time as investors will have the possibility to make a 10.25% return on their investment at the end of the six month period, Barclays says. There will be two variants of the bond, one where a return can be made on the price of gold increasing, and another one on the price of gold decreasing. ...