‘Buy gold’ searches soar 500pc after Britain votes to leave EU: here’s how to get your hands on the yellow metal

Friday, June 24, 2016
By Paul Martin

By Lauren Davidson
Telegraph.co.uk
24 JUNE 2016

The price of gold surged in the early hours of the morning as it became clearer that the British public had voted to leave the European Union .

The precious metal rallied as much as 8.1pc to nearly $1,360 an ounce, its highest since March 2014, after dipping as low as $1,255 an ounce after voting closed last night.

It is has since tiptoed back from that high, but is up still up 4.96pc at $1,319.40.

Adrian Ash at online gold trading platform BullionVault.com commented: “The surging gold price clearly shows the panic sweeping financial markets.”

By 11am London time, BullionVault users had traded £23.5m of vaulted gold and silver since midnight – more than two weeks’ worth of average trading in 2015. New account openings by 11am were already twice this year’s daily average, it added.

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