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Metal Ounce Gram
Gold £1,222.52 £39.31
Silver £13.906 £0.447
Platinum £699.81 £22.50
Palladium £1,215.58 £39.08

Updated 22:40 22/08/19

August Gold News 2019

16 Aug 2019

A host of global economic uncertainties recently have seen investors turning to safe-haven assets, driving the price of gold to register several new all-time highs in Sterling.

Gold is not the only precious metal to rally however. Silver has been climbing too, and has the potential to make further gains.

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01 Aug 2019

The US Federal Reserve has announced it plans to cut interest rates by 0.25%, bringing the new benchmark to between 2% and 2.25%.

Committee members voted 8-2 in favour of cutting rates at a meeting yesterday evening, with Eric Rosengren (Boston Fed president) and Esther George (Kansas City Fed president) voting against the decision.

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