Gold has been a medium of exchange around the world for thousands of years. In this regard, we can say gold markets have been around as long as civilization. Gold is still traded today, whether it is individuals buying gold jewellery and selling it when prices or high or traders investing in gold ETF5 or commodities contracts.
Gold – chemically abbreviated to ‘Au’ originating from the Latin word ‘Aurum’, is widely seen as the investor’s safe haven in times of economic turmoil. The reason for this, is… read more →
The big event for Sterling this week, and arguably for the remainder of 2016, could well prove to be the Bank of England’s August policy decision. Money markets are now… read more →
The GBP faces months of decline as the UK economy appears to be headed for recession. The UK’s decision to exit the European Union came as a shock to financial… read more →
Euro weakens to a 12-year low against dollar The euro has been on the slide since the European Central Bank outlined its quantitative easing (QE) plans. QE has previously been… read more →