Rare Scotch whisky prices surge on investor flight to safety
Rare whiskies have emerged as one of the biggest beneficiaries of volatile financial markets as investors seek safety in more tangible assets.
Strong investor demand has pushed the value of “fine and rare” single malts up by more than a fifth this year with volumes jumping 23 per cent, according to a report by Scottish investment bank Noble & Co.
In contrast, the FTSE 100 has traded flat this year.
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