(BLOOMBERG) -- Gold surged the most since the height of the global financial crisis in 2008 after the U.K. voted to exit the European Union, causing turmoil across markets and boosting haven demand.

Bullion jumped as much as 8.1% before paring some of the gain, and futures trading volume was more than four times the average for this time of day. As the pound tumbled against the dollar, gold priced in sterling rallied as much as 19% and mining companies such as Randgold Resources and Barrick Gold advanced.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access