Outflows also reach 15-week high
With the gold price having trended upwards in real terms by just 1.2% since 1920, Peter Elston, chief investment officer of Seneca Investment Managers, asks if the metal is really worthy of its status
Gold shines as 'safe haven' asset
Coram investment director and senior fund manager James Sullivan examines how the biggest drawdown of world reserves since 2008/9 could indicate fresh volatility for equity markets - should history repeat itself.
It is widely known as a safe haven, but gold bullion is a relatively small market with the above ground value of gold estimated at around $7trn.
Gold suffered largest drop in sentiment
Managers of the Ruffer Investment Company have raised exposure to sterling on the portfolio to its highest position ‘for many years'.
BlackRock has appointed Tom Holl as co-manager on Evy Hambro's £664m Gold & General fund.
The gold price has fallen to a five-year low in anticipation of a rise in US interest rates later this year, hitting the shares of gold miners.
John Wyn-Evans, head of investment strategy at Investec Wealth & Investment, takes a closer look at the global impact of recent currency wars and a future rise in US interest rates.