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Equities fail to capitalise on gold growth

A potential nuclear war has added to the increasingly unsettled situation in the Middle East, the unfolding fallout from Brexit, and general uncertainty over the future of the European Union and a Donald Trump-led US to give the gold price a boost of late. However, key gold stocks are unlikely to see the upside most would expect to follow, according to BMO Capital Markets.

Equities fail to capitalise on gold growth Equities fail to capitalise on gold growth Equities fail to capitalise on gold growth Equities fail to capitalise on gold growth Equities fail to capitalise on gold growth

Nuclear war is more likely than it's been since the weapons were invented

Gold was up some US$50 per ounce in the past 30 days to the start of this week at $1,290/oz, driven by safe-haven demand as investors react to “escalations in geopolitical risk”, the investment bank

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