LONDON, 14 December 2018 – Gold prices have done "remarkably well in 2018" says leading US investment site MarketWatch, quoting comment from BullionVault.
"Faced with rising interest rates and new record highs in the stock market, gold has done remarkably well," says Adrian Ash, director of research at BullionVault, "especially as consumer demand weakened even as mining output sets a new all-time high,
"Supporting the gold market all through 2018, the geopolitical backdrop is worsening again, keeping [exchange-traded fund] positions firm and catching any dips in the price with new buying."
Read the full story on MarketWatch here:
Gold weakens as haven buying lifts U.S. dollar, pushing metal's price down for the week
Source:
MarketWatch
