Atkinsons Bullion & Coins
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Historically, gold has been sought-after for many reasons, not just for investment purposes but also for manufacturing, jewellery and as a standard of value that is used all over the world. We see the price fluctuate constantly, but what actually drives the price of gold? Does gold still have relevance in a modern, ever-changing world?

Gold has climbed in this last week, possibly boosted by increased concerns about a global economic slowdown, and the upcoming Commons vote on Brexit. At the beginning of last week, we saw the price move from £973 Monday 4th AM, to £998 this morning, that’s quite a gain of over 2%. The question now is, will this increase hold, or will we see it fall back down to the levels we saw at the beginning of last week? Like the wheel of fortune: round and round she goes, where she stops nobody knows!

Last week we saw the price of gold drop to below £1,000 per ounce, as the pound climbed to a stronger position following speculation about a delay to Brexit. So, what does this mean for gold investors?

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