by Mark O’Byrne
GoldCore
Gold in UK pounds neared its post-Brexit high overnight as sterling fell sharply on currency markets due to concerns about rising inflation as shown in data today and the outlook for the UK economy.
Gold is up nearly 4% in sterling terms in August and by a whopping 38% year to date. ‘Sterling silver’ has surged by even more this year and is now 56% higher in sterling terms year to date.