Gold soared above $1,900 for the first time overnight as investors continue to flock to the precious metal amid ongoing turmoil in financial markets.
Equity markets are pricing in a double dip, high-yield looks attractive, and volatility of gold returns are likely to increase, according to head of investment strategy at Barclays Wealth, Kevin Gardiner.
US markets have opened lower as investors take a dim view of Hewlett Packard's latest acquisition and send its shares down 20%.
In volatile week for global equities, fresh year-to-date lows were reached across global indexes last week but ETP volumes picked up significantly.
Assets in ‘safe-haven' exchange-traded products (ETPs) rose last week as investors adjusted positions in response to falling stock markets.
Global stock markets have slipped deeper into negative territory as investors continue to fret about the US downgrade and the eurozone debt crisis.
Fears about the markets following last week's sell-off and the US credit downgrade will no doubt dominate clients' concerns this week. However, the weekend papers also featured warnings about pension growth predictions and annuities, an analysis of absolute...
Asian stocks have slumped on Monday, extending one of the worst sell-offs in recent years, after Standard and Poor's cut the US's triple-A credit rating.
President Barack Obama has announced a deal to end the US debt crisis, which will raise the nation's debt ceiling by at least $2.1trn and cut the federal deficit by as much as $2.5trn over a decade.