LONDON, 26 June 2016 – The unexpected resignation of the UK prime minister plus uncertainty over the country's economic future following Brexit has spurred British investors to look for safety in gold says Bloomberg today, citing BullionVault trading figures.
"[BullionVault] saw its busiest day ever," the international news and data provider says of Friday's action.
"Customers exchanged £25.8 million in metal by 2pm [on Friday]...more than two weeks worth of average trading in 2015."
"Some people took advantage of the jump in prices," says Bloomberg, noting that client selling was also strong on BullionVault's internet platform for physical precious metals.
Bloomberg's story has been widely syndicated to news outlets worldwide including the Taiwan's Taipei Times:
First the Exit, Now the Gold Rush in London as Dealers Scramble