Carney says Brexit-hit pound looks like emerging market currency

Bloomberg/Charlotte Ryan and Matthew Boesler/9-10-2019

“Carney made the comparison, which echoes a long-standing quip on trading desks, at an event at the Council on Foreign Relations in New York on Tuesday.”

USAGOLD note:  Citizens of the United Kingdom have kept gold brokers busy the past few months and pushed the sterling price of gold in a steady upward progression to record highs.

Line chart showing the rising price of gold in British pounds since late 2018, nearly vertical trajectory

Chart courtesy of

This entry was posted in Today's top gold news and opinion. Bookmark the permalink.