Gold sets new Euro record, and is in touching distance for USD and GBP
Gold has pushed higher once again this week as markets continue to weigh up a perfect storm of geopolitical risks, fiscal policy, and economic concerns.
Gold News
The GOLD.co.uk News page aims to keep you up to date with the latest stories and headlines affecting the gold market as and when it happens.
We also report on silver, platinum, and palladium, as well as offering insight into the wider financial world, economic performance, and political influences and motivations that might impact upon the world of bullion.
Weaker dollar keeping gold above $2,500
Gold prices remain relatively volatile this week, but a weaker US dollar is helping to keep gold above the historic $2,500 per ounce level.
Gold smashes through $2,500 for the first time
Continuing it’s incredible year of record breaking, gold hit a new historic milestone Friday, breaching $2,500 per ounce spot price for the very first time.
Gold continues to test record highs
Gold has tested record highs once again this week despite some choppy trading. A mixture of geopolitical and economic concerns is helping to support gold prices ahead of the key fourth quarter that could see further gains.
Market turmoil causes price volatility
A brewing storm of market and geopolitical volatility continues to cause unusually high levels of price volatility for gold and silver. A stock market crash on Monday has for now stabilised but could be a sign of things to come.
Gold and silver climb on Middle East fears and interest rates
Safe haven buying on fears over the escalating conflict in the Middle East have pushed gold and silver prices up once more and combined with renewed speculation on interest rates to give precious metals a strong recovery after last week’s sharp dip.
Gold finds support at $2,400 while silver struggles
Gold and silver prices have rebounded from last week’s drop, with gold in particular finding support at $2,400. Silver has seen some recovery since falling last week but has failed to hold onto $30.
Gold closing in on record once more
Gold is rallying yet again, and the previous all-time high in dollars is within touching distance.
Lower US inflation pushes gold back above $2,400
Gold and silver still look well poised to push to further highs this year, with both metals seeing gains in the past week, and gold now back above $2,400 per ounce.
Labour secure election victory – is CGT going to increase?
Labour have secured the expected majority to win the 2024 general election, removing the Conservatives from Downing Street after 14 years. As polls predicted, Sir Kier Starmer is now Prime Minister of Great Britain with 410 seats so far going to Labour.
Gold and silver flat but market volatility remains
Gold and silver prices continue to trade at similar levels seen throughout June so far, but market volatility remains with a whole host of factors driving uncertainty.
Gold & silver stabilise ahead of key US data
Gold and silver prices have stabilised so far this week after seeing a sharp drop in prices on Friday. With the latest US CPI report and Federal Reserve meeting taking place today however, there could be further price movement to come.
Gold & Silver Market Roundup
Gold and silver have seen a bumpy start to June, with both metals pulling back from recent highs as markets weigh up the likelihood of when the Federal Reserve will make their first cut.
July 4th 2024 – How will the UK General Election affect the gold and silver price?
Prime Minister Rishi Sunak has confirmed that the next UK general election will take place on Thursday July 4th, 2024. We look at some of the key things to consider surrounding the general election and what impact they could have on gold and silver.
Gold hits new USD record, silver rockets higher
Precious metals have enjoyed yet another jump in prices, with gains on Friday continuing into trading this morning, setting a new USD record.
Latest US inflation figures push gold and silver higher
The latest batch of inflation figures from the US have come in at expected levels. The dollar has slipped to a one-month low and pushed gold and silver higher.
Silver outshines gold with gains of 7% this week
Safe haven buying is helping drive gold and silver steadily higher this week. Silver in particular is looking strong as the weekend approaches, having gained more than 7% in the past week.
Gold testing $2,300 as Fed remain hawkish
Gold’s recent dip has continued into this week, with the metal testing the $2,300 per ounce level.
Headwinds finally see gold and silver dip
After several weeks of rallying despite headwinds, gold and silver prices have seen a dip this week, offering a potential buying opportunity for investors.
Friday volatility likely to continue this week
Last Friday proved exceptionally volatile, to a degree not typically seen in precious metals. With conflict in the Middle East once again making headlines, there could be further volatility for gold and silver this week.
