Metals

Metals

Precious Metals Update

11 August, 2017

What does the North Korean crisis mean for gold prices?

The price of gold was a key beneficiary of the recent increase in tensions between the US and North Korea. While we think that the chances of a full-scale war are quite slim, there remains huge uncertainty as to how the current geopolitical crisis will play out and this may support gold prices over the coming weeks. However, on past form, gains might not be sustained.

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