Peter's Blog

Brexit Turmoil Pushes Price of Gold Up in Pounds

The price of gold in pounds spiked Monday as Brexit confusion and political instability sent Brits scampering into safe havens. Spot gold against the pound rose nearly 1% after Brexit Minister David Davis and British Foreign Minister Boris Johnson both resigned their posts in protest. Business Day described Brexit as a “ramshackle exit from the […]

Safe-Haven Hoarding: Indians Holding on to Their Gold

Indians are hoarding their gold despite an increase in the price during the first quarter of 2018. Analysts say they are holding onto their gold in anticipation of bigger price increases. Gold was up around 1.5% in dollar terms in the first quarter of this year. According to the Economic Times of India, the yellow […]

Geopolitical Risk: The New Normal

Over the last year, we’ve talked a lot about geopolitical risk. Could turmoil around the world now be the new normal? Some analysts think so.