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From art and whisky to gold

Business Day | Eddie Van der Walt

London — From safety deposit boxes in leafy west London to high-security facilities housing gold and silver in Frankfurt, companies that store valuables are expanding to meet demand.

A rush into haven assets that began during the financial crisis is getting a new lease on life from an upsurge in populist politics and a quickening of inflation. Two firms say they plan to open vaults in Europe capable of holding more than $112m in gold, offering customers lower costs than exchange-traded products and protection from rising prices… Read more

Image: iStock

2018-10-29T11:04:51+00:00