Gold

Legal and General multi-manager Alan Thein has boosted his gold exposure in anticipation of a 30% re-rating in the commodity.

The price of gold has hit a new high following Standard & Poor's move to downgrade its outlook for the US.

Gold has risen to hit a record $1,498.90 an ounce, with demand fuelled by a declining dollar and concerns following S&P's outlook downgrade for the US.

Oil prices have jumped to a two and a half year high on fresh fears about supply and a weaker dollar.

GOLD: AS GOOD AS IT GETS?

Strong growth in commodities, resources and EMs highlights breadth and global nature of options available in the Specialist sector, with top performers including Smith & Williamson Global Gold and Resources, HSBC GIF Emerging Markets Local Debt and BNY...

Gold mining equities are poised to climb a further 30%-40% before they are fully valued, according to Investec Asset Management's Bradley George.

The price of US treasury yields has risen as investors seek the safety of government debt in wake of the Japan crisis.

The price of gold has hit a record high on concerns about unrest in the Middle East and contagion risk from Libya, while oil has topped the $116 a barrel mark.

A raft of fund managers are taking profits in gold ahead of interest rate rises, while others argue the asset still offers long-term upside.