Gold funds plunge as inflation-linked gilts top performance tables in August
BoE action fuels demand for gilts
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...
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