Economics

Bank to monitor impact of global volatility

55% chance of global recession

Rising deficit prompts downgrade

Economist dismisses fears of hard landing

China concerns should keep rates low

Market declines just a 'knee-jerk reaction'

It is widely known as a safe haven, but gold bullion is a relatively small market with the above ground value of gold estimated at around $7trn.

William Dudley, the president of the New York branch of the Federal Reserve, has said the recent volatility in China makes a US rate hike next month less attractive.

RSMR's Stewart Smith analyses sell-off

FTSE recovers losses as Shanghai index falls another 7.6%