Investors see better value in equity over gold
- Thursday, December 21, 2017
Gold demand has fallen this year by 9% in Q3 as the market was hit by slowing demand and a new sales tax in India. Inflows into gold bullion exchange
traded funds which track the price of gold were also down.
Investors are seeing better value in currencies and equity over gold. The rise in bond yields has also had an influence on the attractiveness of gold.
Chris DaviesChartered Financial Adviser
Chris is a Chartered Independent Financial Adviser and leads the investment team.