Not exact matches
One of the main factors affecting sterling is the risk of a «hard Brexit», which would
mean that the U.K. would leave the EU without any agreement and raising all sorts of
uncertainty, including on trade and
financial services.
This
means that during times of
financial uncertainty or stock market panic, investors often buy large amounts of gold, pushing its price up.
This
uncertainty is magnified by the names of many
financial products,
meant more for marketing than clarity.
In
financial markets,
uncertainty about the future
means increased risk.