Gold has been one of the best-performing assets year-to-date. To June 22 the yellow metal had produced a positive return of 22% compared to -2% for the MSCI-DM index and +2% for the MSCI-EM index. However, at time of writing the price of gold is falling as it looks as if the UK is voting to remain to stay in the European Union. So for the time being at least, the end of the world has been postponed. Gold Prices Drop 10% in GBP from Brexit Peak as ‘Remain’ Vote Expected After recent declines, Gold is around 10% off this…
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