The freefall of gold prices in recent days underscores the need for investors to hold a well-diversified and regularly reviewed portfolio.
Yesterday, the so-called ‘safe haven’ metal fell a further 8 per cent, to under $1,400 per ounce, bringing it down to its lowest level in two years. It is now in bear market territory, having fallen 27 per cent from its record high in the autumn of 2011. As a company we warned the price was too high 15 months ago. The freefall Read More