by Mark O’Byrne
Gold fell 1.3 % in dollar terms and 3% in sterling terms today as sterling and global stocks surged as Brexit worries ease slightly.
The prospect of Britain leaving the EU is causing widespread jitters. ‘What will it really mean?’ was examined by Emma Kennedy, the Personal Finance Editor of the Sunday Business Post yesterday (excerpts follow):
“With less than a week to go until British voters decide on the future of their country’s relationship with Europe, investors and markets are very jittery indeed.
In this climate, gold, a traditional safe haven for investors, has soared.