UK political shake-up sees gold investments jump
The resignation of Brexit secretary David Davis followed swiftly by foreign secretary Boris Johnson saw a 237% jump in people purchasing physical gold on Monday compared with an average day, investment firm The Pure Gold Company has said.
Commodities poised to finally join the bull market
After a torrid nine years of losing investors money in a raging bull market, commodities could finally start to see a change in fortune.
News 16 Apr 18
Dubai firm to offer diamond trading using blockchain
The private office of Sheikh Ahmed Bin Obaid Al Maktoum, a member of the ruling family of Dubai, has teamed up with Indian entrepreneur and property developer Amit Lakhanpal, to launch a joint venture which will offer diamond trading using Blockchain technology.
Analysis 27 Mar 18
‘Safe sectors’ no longer safe, warns Pictet AM
Investors should stay away from what they perceive as “safe sectors”, such as consumer staples and telecommunications, as they have accumulated more debt, according to Shaniel Ramjee, London-based senior investment manager for multi-asset at Pictet Asset Management.
Gold sales soar after first rate hike in a generation
Sales of gold to first-time buyers soared 64% last week after the Bank of England’s base rate hike, The Pure Gold Company said.
Rio Tinto hit with record FCA fine and US fraud charges
Rio Tinto has been hit with a record FCA fine and fraud charges in the US after allegedly inflating the price of coal it acquired in Mozambique in 2011.