Tag: gold prices
A bit of history has been made in the last 24 hours, as gold has it a record $2000 an ounce. As volatility rises in the markets, so does demand for the safe haven investment. So where is gold going now? Adrian Saville, CEO of Cannon Asset Managers joins CNBC Africa for more.
Gold prices reached its highest price on record overnight hitting the $2000 an ounce mark. Analysts are reading this as investors rushing towards the safe-haven asset amid the rising tensions globally. Joining CNBC Africa for more is Stephen Innes, Global Chief Markets Strategist at AxiCorp, but first let’s take a look at the background.