Gold

The London Stock Exchange is set to acquire the Toronto Stock Exchange in a £4.2bn deal, creating a major trading centre for mining shares.

"You have a choice between the natural stability of gold and the honesty and intelligence of the members of government. And with all due respect for those gentlemen, I advise you, as long as the capitalist system lasts, vote for gold." - George Bernard...

Not owning gold during the current financial turmoil is "a form of insanity", according to Cazenove's Robin Griffiths.

The FTSE edged 0.1% lower to 5,853.66 points in early trading as company-specific news guided price moves.

Hedge fund titan David Einhorn expects the price of gold to continue its strong surge as the US authorities retain irregular monetary and fiscal policies.

Gold will be one of the best performing asset classes of the next decade and could return as much as 8% a year over this period, Castlestone's Angus Murray says.

7IM is convinced the upward correlation between gold, equities and fixed income has got to come to an end. How it ends and how to manage portfolios when it does is just one of themes discussed by the group's directors Justin Urquhart Stewart and Tom Sheridan....

HOW HIGH CAN GOLD GO?

ON SPECIALIST MARKETS

Henderson head of multi-manager Mark Harris remains bullish on the long-term prospects for gold and believes ‘undervalued' miners will be the biggest beneficiaries.