LONDON, 2 November 2016 – BullionVault head of research Adrian Ash writes in today's edition of CityAM, the popular free morning newspaper read across London's financial districts, making the case for a little "gold insurance" ahead of next week's US election.
"Previously tied at the hip, volatility in both US equities and the Mexican Peso has fallen as the presidential vote looms," says Adrian, warning on complacency over a possible 'shock' win for Donald Trump, replaying the surprise to asset markets in the UK's Brexit vote this summer.
"Gold bullion prices have popped higher from October's 4% drop," he adds, "but this key indicator of financial stress is trading back where it stood before its 7% leap at the end of June. Insurance looks cheap at $1285 per ounce."
Read the full comment, plus an opposing view, here at CityAM:
Should investors brace themselves for a big stock market fall if Donald Trump wins the US election
