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Bursting of bitcoin bubble gives timely boost to gold

Since mid-December, the price of the precious metal has jumped by 6 per cent from US$1,235 an ounce to US$1,312

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Published Thu, Jan 4, 2018 · 09:50 PM

    London

    THE bursting of the bitcoin cryptocurrency bubble has boosted gold in the past few weeks.

    Since mid-December, the price has jumped by 6 per cent from US$1,235 an ounce to US$1,312, during a period of volatile sliding bitcoin and other cryptocurrency prices.

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