Federal Reserve Chair Janet Yellen commented yesterday that she was “looking forward” to a rise in the US Interest Rate. One wonders what this could possibly mean to the average individual. Well, it certainly means something to anyone who buys gold because this comment led to a major fall in the gold price. In fact, it has slumped to the lowest it has ever been since 2010!
Just like Ian Fleming’s iconic character, gold bonds have made a flamboyant entry into the scene. On Nov 5th, the Prime Minister launched the much anticipated Gold Bond Scheme, which is aimed at limiting the allure of physical gold. Here are a few things that you need to keep in mind succumbing to the yellow… Read More »