Gold

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.

Henderson's Bill McQuaker and Odey's James Hanbury have been slashing gold positions despite rising inflation.

Smith & Williamson's £45m Global Gold & Resources fund was among the best-performing funds of 2010 thanks to its exposure to smaller companies and the soaring gold price.

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...