Adrian Day likes to think long term, and historical trends persuade him that the bull market in gold should continue for years to come. Here, he explains why he expects a significant gold price recovery in the near future.
Still shining after 71 years some five kilometers under the Atlantic Ocean off the coast of Ireland, this hoard of 1.4 million ounces of silver was recovered by the SS Gairsoppa owned by Odyssey Marine Exploration, its heaviest and deepest underwater mission to date.
After initial falls in Asia, gold traded sideways and then gradually ticked higher later in the Asian session and has seen further gains in European trading. Gold is currently set to finish the week marginally lower in dollar and sterling terms.