Gold Benefits as Balm for Brexit Bedlam Ahead of Vote: Chart

Gold at $1,400 Not Out of the Question: Todd Colvin

Bloomberg; Baker, Bloom & Davis

Gold has been a big winner, with the U.K.’s “Leave” campaign to ditch the European Union leading in recent polls. The metal priced in pounds has climbed almost 9 percent this month to touch 912.52 pounds ($1,287.47) per ounce on Tuesday, the highest since August 2013. Driving bullion purchases is demand for haven assets amid uncertainty over the vote’s potential economic fallout, according to Commerzbank AG.

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