Commodity Trade Mantra

Posts Tagged ‘EU Euro’

Brexit or Not - No Dearth of Solid Reasons For Gold Prices to Surge

Should the British reject devolution, gold prices might briefly move a little lower – even though, in the days running up to today’s referendum, the financial markets may already have “priced in” a no-vote. In the event of a Brexit victory we will likely see official demand for gold pick up as the appeal of holding central bank reserves in pound- and euro-denominated assets diminishes.

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