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Jim Rogers picks US$ over gold as investment haven

Investor's view is at odds with forecasts of gain of more than 7% for metal

Published Mon, Jun 27, 2016 · 09:50 PM

Singapore

WHILE analysts and traders from New York to London bet that gold will go higher, veteran investor Jim Rogers would rather seek haven in the US dollar as the UK's vote to leave the European Union (UK) roils global markets.

Prices of bullion are due for a drop and will probably be lower at the end of the year ve…

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Companies & Markets

Companies & Markets

Jim Rogers picks US$ over gold as investment haven

KEYWORDS IN THIS ARTICLE

Companies & Markets

Netflix handily beats subscriber targets, misses on revenue forecast

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

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