IFAs urged to consider Gold - investment's 'safe haven'

He considers the current state of the gold market to be good and sees the gold price, which has risen steadily this year (to $731.60/oz at the time of writing) continuing to be driven higher, into next year. Underpinning his bullish stance are a number of factors, not least that central banks are building their gold reserves, that demand from the jewellery sector is growing and the current supply / demand balance in the market. Hambro said: “Dollar weakness plus a large chunk of uncertainty in the financial markets have helped to push gold towards the top of its trading range. “...