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Gold - Record highs on the way?
Gold came within a whisker of record highs on Tuesday and it may not be done there. The yellow metal is a traditional safe haven and inflation hedge, which makes it perfect in highly uncertain times like this. Not only is the world already desperately trying to get to grips with high inflation, it’s also facing the prospect of an economic slowdown and maybe even recession. Putin’s decision to invade Ukraine will have severe consequences, not just for Russia – although the sanctions imposed on it will be a hammer blow to the economy – but the rest of the world also, as commodity prices from oil and gas to ... (full story)