oil

The price of gold has hit a record high on concerns about unrest in the Middle East and contagion risk from Libya, while oil has topped the $116 a barrel mark.

Gold exchange-traded products have seen outflows of over €1.4bn since the start of the year, driven by increased equity market confidence, according to Deutsche Bank.

Martin Currie's Duncan Goodwin examines how the crisis in the Middle East is affecting oil prices and the resources sector.

Providers of futures-based commodity ETPs have slammed accusations that roll costs make the products unsuitable for long-term investors.

Pickup in sentiment on ETFs tracking Egypt is likely to be brief, as active investors use these funds to make short-term profit, according to industry experts.

Goldman Sachs is lifting the £1m bonus cap imposed on its 100 London-based partners last year as the firm begins to hand out multi-million pound payouts to staff around the world.

David Cameron has criticised banks and building societies for being too cautious with their mortgage lending and preventing the housing market from progressing.

Surging oil prices pose a threat to the economic recovery and nations must look to reduce their reliance on the black gold, says the International Energy Agency (IEA).

Investment products such as ETFs are likely to become increasingly bespoke and complex in the coming year, according to Barclays Stockbrokers.

Xact Fonder is listing the first commodity ETF on the Stockholm Stock Exchange, tracking 15 commodities including oil and gold.