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In the UK gold is living up to expectations
If one reads all the headlines about gold one could be forgiven for thinking that 2022 has been a pretty disastrous year for those banking on the yellow metal to preserve their wealth, This is indeed the case for U.S. gold holders where the gold price has declined around 9%, although that is less than half that seen in most U.S. equities since the beginning of the year – even more in the NASDAQ stocks - but in the case of UK gold holders and holdings valued in pounds sterling it has been a very different story altogether due to the fall in value of the pound against the dollar so far this year. This has been a ... (full story)
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- Posted: Sep 28, 2022 1:23am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 166
