LONDON, 16 December 2015 – Leading US and global finance broadcaster CNBC today quotes BullionVault research in a report on 2015's poor returns for UK investors.
Quoting BullionVault, "a portfolio split equally between UK shares, bonds, cash and property investments has returned just 2.6%," says CNBC, "the smallest gain since the 7.5% loss of 2008."
Gold also had a poor year, however, losing 7% in Pound Sterling terms.
Looking ahead to 2016, "Gold tends to do well when other assets repeatedly fail to perform," says BullionVault head of research Adrian Ash, "but does best when markets lose confidence in central banks.
"2016 risks crystallizing that threat, boosting private investor gold demand again, as the phoney war of hinting at interest-rate rises leaves the Bank of England, like the US Fed, in a position where they need to put up or shut up."
See the full CNBC report here:
