Tom Stevenson Follow 21 July 2019 • 3:38pm For years on end, the gold price is only of interest to the kind of people who stockpile tinned goods and Kalashnikovs. Then suddenly everyone’s wittering on about it. Interest in the precious metal tends to rise in those rare periods when someone you know has made money holding it. Well, the gold price has risen 23pc since last August and, guess what, it’s the talk of the markets right now. Gold hit a six-year high last week as nervous investors focused on its safe-haven appeal at a time of heightened worries on several fronts. The shooting down of an Iranian drone in the Gulf reminded us of the potential for things to go badly wrong in the Middle East. Then, a new record high for the S&P 500… To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium article per week Register for free We’re glad you’re enjoying The Telegraph Register or subscribe to continue readingAlready a subscriber? Log in Register Free One free Premium article per… Read full this story
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