How central bank policy affects the gold price

Investors traditionally turn to gold when high inflation threatens. But would you be better off sticking with cash and benefiting from interest rate hikes?

'People rightly buy gold when they see inflation ahead,' said William Rees-Mogg at a private investment seminar in the City of London on Thursday evening.

A member of the House of Lords and a former advisor to Margaret Thatcher he added that 'I believe today inflation should cause us to be very anxious once again.'

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Adrian has written all things gold related from if it’s worth buying, what the real price of gold should be and what’s the point of gold for MoneyWeek. He has also written for other leading money titles on his gold expertise including Business Insider, Forbes, City A.M, Yahoo Finance and What Investment Magazine. Now Adrian is head of the research desk at BullionVault, a physical market for gold and silver for private investors online.