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Metal Ounce Gram
Gold £957.03 £30.77
Silver £12.242 £0.394
Platinum £721.60 £23.20
Palladium £796.16 £25.60

Updated 03:08 19/01/18

May Gold News 2016

23 May 2016

Last week George Soros one of the richest men on earth, revealed he has gone long on gold. Soros has an impressive track record and famously made over a billion dollars in one day by betting against the British pound.

...

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19 May 2016

Gold fell to a three-week low this morning after plummeting nearly 4.5% (-£40/ oz t) since Monday. The rising value of both the pound and the dollar have contributed to the drop in the gold price, as news from Britain and USA ...

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17 May 2016

As Donald Trump’s popularity soars attention is now shifting to what a Trump Presidency would look like. If last Thursday comments are anything to go by the global economy is in for a shock. When discussing the U.S. government debt ...

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16 May 2016

Investors are returning to the yellow metal as fears grow central banks may slash interest rates further. Uncertainty surrounding the outcome of the UK’s EU referendum is also weighing heavy on the global markets.

Gold demand rose 21% in the ...

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13 May 2016

The gold market is becoming more and more dislocated. After a frustrating four year correction the gold price is once again in the ascendancy. Money is flowing in exchange traded funds, physical bullion and Comex contracts.

Demand for paper gold ...

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11 May 2016

After bashing gold for the last four years, financial institutions are finally turning bullish on the future of the yellow metal.

Despite the gold price trading close to a 2 week low, JP Morgan are forecasting this is merely a ...

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10 May 2016

After a strong start to the year the gold price fell back 1.6% yesterday on the news the Greek Parliament had agreed yet another reform package. The Greek government can now tap their fellow Eurozone members for more funds and ...

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09 May 2016

The gold price may be up over 20% so far this year, but the London gold market could be facing its biggest problem since the failure of the London gold pool in 1968.

This is the claim by London strategist, ...

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06 May 2016

I am afraid to be a bearer of bad news, but the UK economy is starting to tank. The growth generated post Lehman via endless rounds of quantitative easing is now flat lining. Certain sectors and business are now suffering ...

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05 May 2016

There’s no doubt china is building one of history’s largest ever stockpiles of gold. Last week China launched the much anticipated Shanghai gold fix in attempt to wrestle the gold pricing mechanism away from western banks. China is also the ...

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