A golden message for financial markets

Read about global markets and trends in this monthly Investment Outlook

Investment Outlook WEB 1920X1080 May 23
Published: 05 May 2023 Updated: 05 May 2023
Savings and investments IFAs

This monthly commentary gives a roundup of global markets and trends.

In this edition:

  • The price of gold bullion soared past $2,000 per troy ounce to hit a record high during April, helped by central bank and private sector buying
  • Higher gold price may reflect an expected pause in US interest rate rises and its likely impact on the dollar
  • The US Dollar has suffered, given that other major central banks will continue to raise interest rates
  • A weaker US Dollar provides a tailwind for stocks and bonds

The value of an investment may go down as well as up and you may get back less than you originally invested.