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Metal Ounce Gram
Gold £926.66 £29.79
Silver £11.544 £0.371
Platinum £612.41 £19.69
Palladium £708.98 £22.79

Updated 12:00 17/08/18

Gold News News aims to keep you up to date with the latest stories and headlines affecting the gold market as and when it happens.

13 Aug 2018

The value of the Turkish Lira plunged on Friday, losing 23% of its value in a day. The currency sits precariously at 6.93 Lira per Dollar or 1 Lira for every 14 Cents. Strains on the economy, including trade tariff pressure from President Trump, has severely hampered the Turkish currency, with members of the public rapidly turning to investment safe havens such as gold.

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13 Aug 2018

An anonymous British amateur gold prospector has found what is believed to be Britain’s largest ever gold nugget. Nicknamed the ‘Douglas Nugget’, the gold has been valued at a staggering £50,000 – with experts reckoning it could fetch even more due to its rarity.

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08 Aug 2018

Today, Wednesday 8th August, the exchange rate has dropped from €1.13308 to €1.12714. Confidence fell after the Secretary of State for International Trade, Liam Fox, told the Sunday Times that there was a 60% chance of a no-deal Brexit. 

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01 Aug 2018

Many commentators have been suggesting recently that gold has reached its bottom with prices more or less set about the $1200 an ounce level.  However, Jim Cramer of CNBC’s Mad Money, has said that gold could be in for a ‘monster rally’.

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20 Jul 2018

A team of South Korean treasure hunters has re-discovered the lost shipwreck of the Russian cruiser ‘Dmitrii Donskoi’, just off the coast of the Korean island of Ulleungdo in the Sea of Japan.

The sunken vessel is believed to contain almost £100 billion worth of gold bullion bars and coins, weighing approximately 200 tonnes, in around 5,500 boxes or containers.

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13 Jul 2018

June was a disappointing month for bullion and other commodities. Prices fell across all three major currencies and all four major precious metals as the US trade tariffs ramped up their obstructions to free trade between the EU, China, and America...

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11 Jul 2018

Sterling registered its largest daily loss for three and a half weeks against the US Dollar on Monday in the two hours following Boris Johnson's surprise resignation as Foreign Secretary.

The move came less than 24 hours after David Davis, the Brexit Secretary, also resigned his position and means that eight MPs - six from the front bench - have resigned from Prime Minister Theresa May's cabinet in the last 12 months.

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04 Jul 2018

With asteroids constantly passing through our solar system containing millions, billions, and even trillions of tonnes of precious and rare earth metals, it’s only logical that investors and scientists are keen to get mining these bumper resources.

Such a feat would take billions of Dollars but the resulting accomplishment could both preserve our environment and make those backing the missions a substantial profit. The big question is: can we do it?

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