Author: Sam Allcock

The UK’s economic landscape has been turbulent recently, with inflation concerns still looming large. In an effort to stimulate growth, the Bank of England cut interest rates to 5% in August 2024 after several years of steady rises. However, while lower interest rates promote borrowing, they also erode returns on traditional savings and bonds, pushing investors to seek alternatives. In such an environment, gold is once again emerging as a prime asset for safeguarding wealth. The appeal of gold in uncertain times As the global economy faces headwinds, from inflation to the lingering effects of geopolitical conflicts, gold’s appeal is…