North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Post-Brexit glimmer

Gold, silver prices surge on safe-haven demand, dovish U.S. Fed policy


Last updated 7/10/2016 at Noon

Though it will likely take years for Britain to fully disengage itself from the European Union, if it does at all, the implications of the Brexit vote was enough to hurdle gold through US$1,300 per troy ounce. Up nearly US$300/oz. since the start of 2016, the safe-haven metal is making strides towards testing the US$1,400/oz. threshold.

Robin Bhar, head of metals research at Societe Generale,...

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