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The Tensions in Syria Fuel a Gold Price Rally

On Wednesday 28th August we saw the gold price rally to a 3 month high peaking at over £920 per Ounce. This rally was sparked by the rising tensions over the situation in Syria. Appears fhat investors were quick to react by adding more physical gold to their portfolios.


The price rises yesterday quickly lead to a buying frenzy with investors keen to take advantage of what could be a strong end to the year for gold. It wasn’t only existing investors looking to top up, it was also a record day for new investor activity with huge numbers of first time orders placed online with many individuals sensing a change in the trend for gold.