Gold

The gold spot price fell to a four-month low of $1,596 on Tuesday after the dollar strengthened significantly against the euro and other leading currencies.

Commodities investor Jim Rogers is poised to add to his gold position as he anticipates a potential systemic shock, such as eurozone bankruptcy or further Indian tax hikes, may lead to further weakness in the spot price.

Commodity prices could rise by as much as 20% in the second half of 2012 while forecasts for falls in mining stocks are overdone, according to Credit Suisse.

The head of asset allocation at Schroders Private Bank has cut back clients' exposure to gold amid fears the price has further to drop.

The FTSE 100 has dropped 2% as diminished expectations of more stimulus from the US Federal Reserve knock investor confidence.

Investors who have helped pushed gold prices up to record highs are now turning their backs on the precious metal, with figures this week showing heavy selling by gold ETFs.

Leading investors cast doubt on much-vaunted re-rating of lacklustre gold mining shares.

The price of gold fell more than 5% as investors became more confident about the health of the global economy following comments yesterday from Fed chairman Ben Bernanke.

COMMODITIES

Jenny Cosgrave talks to a trio of wealth managers about their outlook for the commodities sector and finds out which strategies stand out from the crowd