A golden message for financial markets

This monthly commentary gives a roundup of global markets and trends.

In this edition:

• The price of gold bullion soared past $2,000 per troy ounce to hit a record high during April, helped by central bank and private sector buying
• Higher gold price may reflect an expected pause in US interest rate rises and its likely impact on the dollar
• The US Dollar has suffered, given that other major central banks will continue to raise interest rates
• A weaker US Dollar provides a tailwind for stocks and bonds