LONDON, 1 August 2016 – Data and analysis from BullionVault today leads a report on gold's post-Brexit price surge in today's edition of Investment Adviser, the weekly newspaper for investment professionals from the Financial Times.
The Bank of England's decision to hold UK interest rates unchanged in mid-July – three weeks after the Brexit referendum – "knocked £20 off the gold price" for British investors, says Investment Adviser, quoting the latest trading update for journalists from BullionVault, the world's leading precious metals exchange online.
That pushed gold below £1,000 per ounce for the first time this month, "but the underlying trend has pointed higher all through 2016 so far," says the newspaper, again quoting BullionVault.
You can read the full Investment Adviser report posted on FTAdviser, the Financial Times' portal for finance professionals:
