Investors turn to gold amid stockmarket volatility

Gold price hits six-month highs

Anna Fedorova
Increasing investment in gold-backed ETFs

Increasing investment in gold-backed ETFs

Investors were attracted by gold in December as volatility in global stockmarkets drove bearish sentiment.

According to Scotiabank, holdings of gold-backed ETFs rose by 2.25m ounces in September, which helped to drive the price of the shiny metal to six-months highs above $1,290 per troy ounce. According...

To continue reading this article...

Join Professional Adviser


  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?


More on Commodities

US President Donald Trump. Photos: iStockphoto/Gage Skidmore/Flickr/Creative Commons CC BY-SA 2.0

Oil price jumps to 2014 highs as Trump abandons Iran nuclear deal

Up 2.8% to $77 a barrel

Tom Eckett
clock 09 May 2018 •
Bitcoin steals financial headlines and clickbait

Gold trading sinks as Bitcoin interest surges

Bitcoin searches in Google overtake gold

Mike Sheen
clock 07 November 2017 •
FTSE 100 slumps as gold purchasing soars

FTSE 100 slumps as gold purchasing soars

Fallen 1.1% to 7,323 points

Tom Eckett
clock 29 August 2017 •