Gold news - March gold news 2022

House price growth highest since 2004

31 Mar 2022, 6 p.m.

Liam Sheasby

Nationwide has reported that annual house price growth year-on-year has now hit 14.3% - the highest since November 2004. Last month it was 12.6% - just another part of the new cost of living crisis as inflation punishes the UK.

Russian gold sanctioned by US and UK

25 Mar 2022, 10:33 a.m.

Michael Pinson

Russia’s vast gold reserves were officially sanctioned yesterday by the US and other allies, on concerns that the country could use the precious metal to shore up its struggling economy.

BoE & Fed introduce 0.25% interest rate rises

17 Mar 2022, 6 p.m.

Liam Sheasby

The Bank of England announced today that it would raise interest rates by another quarter percentage point (0.25) to 0.75%, with forecasts pointing towards 8% inflation late next month. The US Federal Reserve announced the same move last night at its monthly meeting, citing growing inflationary pressures.

Gold forecast to hit $2,500 this year after hitting record high

10 Mar 2022, 5:46 p.m.

Liam Sheasby

Gold set a new all-time record high of $2,078.80 per ounce on Tuesday, following growing economic instability in light of sanctions upon Russia amidst the ongoing invasion of Ukraine.

Gold, gas, and oil all make gains as conflict rumbles on

2 Mar 2022, 12:10 p.m.

Liam Sheasby

Gold is currently up 1.81% for the week to $1,929.60 per ounce - a gain of $34.31 - showing the demand for safe havens whilst stock markets suffer the turmoil of economic uncertainty. Brent crude oil has passed $111 per barrel, whilst natural gas prices are up over 35%.

March Gold News 2022

House price growth highest since 2004

Russian gold sanctioned by US and UK

BoE & Fed introduce 0.25% interest rate rises

Gold forecast to hit $2,500 this year after hitting record high

Gold, gas, and oil all make gains as conflict rumbles on