Gold funds began giving up gains made earlier in the year, with the five worst-performing funds in August all investing in the precious metal.
Research from Wealth Club found the £116m Investec Global Gold fund was the worst performing fund for the month, falling by 13.5%, as the gold price retreated from a high of $1,360/oz to $1,309/oz last...
The US dollar is close to peaking and the risks now seem to be on the downside.
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