The gold spot price hit a 33-month low today after positive US economic data strengthened the case for a tapering of quantitative easing, further eroding demand for safe havens.
J.P. Morgan Asset Management (JPMAM) is closing two underperforming funds, including a commodities fund run by Neil Gregson which has suffered sizeable losses following the sell-off in the mining sector.
Nitesh Shah, research analyst at ETF Securities, says while the price of gold has dipped recently, other precious metals could provide investors with a good return as economic conditions improve.
Henderson Global Investors' head of multi-asset Bill McQuaker has urged investors not to write off gold despite the recent slump in the price of the precious metal.
A look at what might be on the regulatory horizon for wealth managers was a story which caught our readers' attention this week.
Miners have taken a battering over the past two years but Neil Gregson, manager of the £1.4bn J.P. Morgan Natural Resources fund, tells Annabelle Williams where he is looking for fresh opportunities.
Oil majors BP and Shell could face hefty fines if they are found to have manipulated the oil price, the UK's energy secretary has warned.
The recent sell-off in gold and silver has led to fears precious metals may yet have further to fall, but some investors have backed them to provide a boost for portfolios later this year as they recover some lost ground.
Prolonged low inflation has sent commodities allocations among fund managers to a four-year low, according to a new survey.