"Not only do the events on the Ukrainian border have investors seeking out safe-havens, but it (gold) also offers inflation protection," analyst at OANDA says.
If an average price of $130 a tonne is assumed for the first half of 2022, it implies that BHP is making $50 a tonne more than what Beijing might deem reasonable, writes Clyde Russell.
The inaugural ‘Responsible Capitalism’ survey in late 2021 found that 88% of institutional investors now see ESG factors as more important than traditional financial metrics when making long-term investment decisions.