The price of gold looks set to rise throughout 2018 with a number of underlying factors in the precious metal's favor, according to Ian Au, head of global research at Safe Gold Securities and Futures Ltd.
Speaking at the Hong Kong Exchanges & Clearing's (HKEX) Precious Metals Seminar on Tuesday May 15, Au noted that there have been continued waves of political risk throughout the past few years which have aided the price of gold, and 2018 will be no different."Political risk is coming in waves and waves, and there is continued sentiment of political unrest. Gold is unique and elite," Au told delegates at the seminar, which was part of this year's LME Asia...