LONDON, 24 June 2016 – Gold prices have risen rapidly following Thursday's Brexit referendum and the crash of the Pound, says investment research and fund-trading platform Morningstar, quoting BullionVault's head of research Adrian Ash.
This year had already been strong for gold, with prices rising 25% since January, says the report.
But now "valued against the Pound gold surged 22% overnight – its fastest move in history against Sterling," the site says, quoting Adrian's analysis.
This comes after the previous week saw a 76% increase in demand for gold at BullionVault.
For the full article from Morningstar click here:
Source:
Morningstar
