Speculators and safe-haven investors have ploughed hundreds of millions of pounds in to gold since the financial crisis began They were tumultuous days: Northern Rock had just been nationalised, the UK was lurching into recession and in the US one of Wall Street's biggest investment banks was on the brink of bankruptcy. But one financial asset was soaring – gold. It is five years this week since the price of an ounce of gold shot through the $1,000 level – and there have never been...
Bullion firm reveals that British holdings increased tenfold in five years
The Guardian - 14 Mar 2013 23:25
Speculators and safe-haven investors have ploughed hundreds of millions of pounds in to gold since the financial crisis began They were tumultuous days: Northern Rock had just been nationalised, the UK was lurching into recession and in the US one of Wall Street's biggest investment banks was on the brink of bankruptcy. But one financial asset was soaring – gold. It is five years this week since the price of an ounce of gold shot through the $1,000 level – and there have never been...
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