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Why JPMorgan Chase Sees Gold Having More Room to climb

Why JPMorgan Chase Sees Gold Having More Room to climb

A few reasons for gold’s possible scaling up were pointed out, last week by JPMorgan Natural Resources Fund manager Neil Gregson. During times of unrest, investors often run to safe haven assets such as gold and silver and the EU (European Union) referendum was beneficial to gold, sparking unrest in markets across the globe. One […]

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roadblock-for-gold

Could there be a roadblock coming for GOLD?

The precious metal has shined as a gloomy global economic outlook – from the UKs Brexit to Chinas slowdown has boosted the fortunes of haven assets. The price of gold has soared this year mainly driven by negative interest rates and financial uncertainty. Long-term fans predict a sustained bull run, whether they are right depends […]

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Post-Brexit global equity loss spells good news for gold.

In the wake of the U.K. vote on Thursday to exit the European Union HSBC looks to gold to challenge $1,400 an ounce. Global markets skidded following the unexpected result in which Britons voted to withdraw from the EU by a 52 percent to 48 percent margin. James Steel, chief precious-metals analyst with HSBC said […]

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BREXIT

Referendum Day – Brexit Special

Britain began voting this morning on whether to remain a member of the European Union or split from the 28-nation bloc, a once-in-a-generation decision that will determine the U.K.’s future economic prosperity and the course of the EU. Polling stations opened at 7 a.m. and will close at 10 p.m. London time. The first results […]

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Soros Brexit

Brexit would spell end of EU – Claimed Mr. Soros

Billionaire investor George Soros has given more of his $30bn fund into gold as UK government borrowing costs dropped to a record low amongst concerns about global growth. Mr. Soros also informed that if Britain voted to leave the EU on June 23 it would mark the end of the disintegration of the EU. UK […]

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