Private banking clients continue to hold gold

By | 24 February 2012 | 2 minutes read

Despite the continuing uptrend in gold prices, private banking clients are reluctant to exit positions and book profits and prefer instead to hold the safe-haven investment. Although gold prices reached a three-month high on Wednesday, February 22, touching US $1,781.40, several heads of advisory continue to recommend gold to their clients even at these levels. “We [suggest] clients to buy…

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