Gold Investors Should Switch From Equities To Bullion - Barings

18 November 2009  FX Street

FX Street

Investors in gold should switch from mining equities into bullion to take advantage of soaring prices, according to Percival Stanion, head of asset allocation at Baring Asset Management.

Stanion said gold, at record highs above $1,140 a troy ounce, currently provides a stable alternative to currencies such as sterling, the euro and the dollar.

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