LONDON, 8 January 2016 – This New Year's rise in the price of gold "is becoming a habit," says UK investment platform Interactive Investor, quoting comment from BullionVault today.
"Over the last ten years, [gold has] jumped an average 4.7% in January," II quotes BullionVault research, noting that "Gold is doing what investors expect and want it to do," according to head of research Adrian Ash – "counterbalancing losses in other, typically more productive assets.
"Gold clearly retains its appeal for investor managers when trouble strikes. That appeal will only grow greater if 2016's early jitters grow worse."
Read the full Interactive Investor story here: