IG trading the markets

IG trading the markets


Has gold lost its allure?

October 13, 2021

In what some describe as a disappointing market, the gold price has not really moved since 2020. Yes, there was a new record high set during lockdown, but as inflation has picked up gold has not moved from where it was pre-Covid. 


In this episode, IGTV’s Jeremy Naylor talks to a long-term gold investor, Angelos Damaskos, who runs the Junior Gold fund. What is troubling the gold market, why is it not reflecting the uptick in inflation, are so-called new paradigm economics impacting our relationship with gold, and - the big one - are crypto currencies taking over? 


Any opinion, news, research, analysis, or other information does not constitute investment or trading advice.

 

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