LONDON, 25 June 2016 – Thousands of people have bought gold to protect their savings following the UK's referendum result says Yahoo Finance today, republishing an article from The Telegraph and quoting Adrian Ash, head of research at BullionVault.
From midnight to 2pm on Friday, users of BullionVault's physical gold market online traded £25.8m of the metal, more than two weeks of average trading in 2015, the article says.
This took the form of 7,000 deals for physical bullion and new account openings by 2pm were three times the daily average for the year.
"There was a near-even balance between customers building positions, and customers choosing to sell in order to take a profit with gold at a multi-year high." says Adrian.
The full article, first published by The Telegraph, appears at Yahoo Finance here:
Did you behave like other investors during Friday's referendum shock?
