The prospect of nuclear war and recession sounds like an irresistible combination for gold bulls. It’s the kind of existential and economic threat that gold bullion was made to protect wealth against.
And yet despite geopolitical tensions this year, with Russian President Vladimir Putin threatening to use nuclear weapons in Ukraine and concerns about global economic growth, gold appears to have phutted along...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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