New products seek to capitalise on gold demand

May 30, 2010

As the gold price remains close to record highs amid market uncertainty, two more products linked to the metal will soon hit Asian markets, from Invesco and the Singapore Mercantile Exchange.

Gold has always been a safe haven in times of turmoil and volatility, and it's certainly been playing that role in recent weeks. The price closed at $1,214.14 an ounce on Friday, rallying for a fifth consecutive day and after climbing $36.24, or 3.1%, in May and 10.9% year-to-date.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]