20 Jul Gold Price At A Five Year Low
The gold price has fallen to its lowest in more than five years as talk of a US interest rate rise this year has led investors to sell the precious metal.
The price fell $% to as low as $1,088.05 (£697) an ounce in Asian trade – the lowest since March 2010.
However, gold’s long term track record is excellent with the price being as low as $351.29 (£255) back in April 2001. As part of a balanced portfolio of investments, gold may still be attractive.
If you see this as an opportunity to BUY gold then why not consider keeping it in a safe deposit box at St James’ in either a safe deposit box in Manchester or Leeds?