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Morningstar: Gold Investing Jumps on Brexit Vote

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:

Gold price rises as investors seek safe havens

Source: 
Morningstar