This Is How Brexit Uncertainty Will Drive Gold Prices - London Capital Group

From kitco.com

The British political system and the nation’s economy face unprecedented uncertainty, but you wouldn’t know it by looking at how calm markets are, in particular gold as there is little safe-haven demand in the face the ongoing Brexit ordeal. Although gold prices continue to hold within striking distance of critical resistance at $1,300 an ounce, it hasn’t found enough momentum to push through that barrier. February gold futures last traded at $1,293.70 an ounce, up 0.41% on the day. Jasper Lawler, head of research at London Capital Group, said that gold isn’t seeing much safe-haven demand because of Brexit ... (full story)