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Published on 13 Apr 2017
Mining
Capital's Alastair Ford talks through the rise of gold on the back of
tensions between US President Donald Trump and Syria as well as North
Korea.
Ford asks: ''Is he feeling the pressure at home and so looking to divert attention by taking action abroad?''.
''This is the cue for investors to come into gold because they're looking for a bit of safety in this uncertain environment'', Ford says.
''I always like to mention Galantas Gold in particular because they're the only gold miner which is going to be incurring costs in sterling and selling its gold in sterling .... sterling is so weak against the dollar that that has a multiplier effect given that gold is also strong against the dollar''.
Ford asks: ''Is he feeling the pressure at home and so looking to divert attention by taking action abroad?''.
''This is the cue for investors to come into gold because they're looking for a bit of safety in this uncertain environment'', Ford says.
''I always like to mention Galantas Gold in particular because they're the only gold miner which is going to be incurring costs in sterling and selling its gold in sterling .... sterling is so weak against the dollar that that has a multiplier effect given that gold is also strong against the dollar''.
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