Amidst geopolitical uncertainty and market volatility, gold stands out as a steadfast asset. Traditionally a “safe haven” during turbulent times: one would expect the price of gold to increase when the economic outlook is bleak, and stabilise in .
How to protect yourself against the big crash
8 Dec, 2020 11:00 AM
5 minutes to read
History contains clues which investors should be aware of, says gold expert.
Announcements that vaccines for Covid-19 are almost available has seen the world relax – but that means it is a good time to buy gold, according to expert Tony Coleman. We have seen a fall in the price of gold in the last month – but gold is stilI up 25 per cent over this time last year and I expect more positive price activity in the first quarter of next year, says Coleman, managing director of New Zealand Gold Merchants and a veteran market watcher.