Gold making fresh highs on wild moves to the upside on Brexit results
|Gold has rallied on the risk-off aspect while the vote is almost neck and neck, with 51% to remain vs 49% to leave.
Gold has been bid from $1,248 lows until $1,286 the high so far, Gold is favoured on the upside on a leave vot but it could also be favoured to the upside on a remain in the medium term. However, fundamentally, gold is not about the EU referendum, there are the fundamentals at play behind gold, namely the US economy and the FEd.
Brexit trade: a look beyond sterling and get back to basics
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