Gold News

The pound has hit its lowest level against the euro since November 2016.

Sterling has weakened to €1.1187, which means one euro is worth 89.4p.

There is more uncertainty for the economy surrounding the Brexit negotiations.

Speaking to the BBC, Chancellor Phillip Hammond, has admitted that businesses are already pulling investment because of it.

“The thing that is causing concern in the business community is ...

Gold saw initial gains as a result of the shock election for investors in the UK.  Across the rest of the world the price hardly moved.

Gold priced in sterling rose as much as 2.2 percent to 1,007.52 pounds an ...

The gold price rose sharply on Wednesday buoyed by political turmoil in Washington. The yellow metal hit a two-week high of $1,262.66 per ounce following the announcement former FBI director, Robert Nueller, will lead an investigation into Russia’s ...

Spain’s sixth largest bank, Banco Popular, appears to be losing the confidence of its customers. In 2016, the troubled bank lost 6.5% of its total deposit base as the banks solvency came into question. The bank responded by offering attractive ...

The gold price has fallen 7.6% (£-79.26/ oz t) in the last three weeks, approaching levels not seen since January this year.

The decline was accelerated by an overnight plunge of 1.75% after a statement from the Federal Reserve on ...

The Russian Central Bank (RCB) added a further 25 metric tonnes of gold bullion to their official reserves in March. The figure is up from the 9 metric tonnes bought in February, but well below the 31 metric tonnes bought ...

The gold price fell sharply overnight after Emmanuel Macron won the first round of the French presidential election, with the National Front’s Marine Le Pen coming second. Gold plunged 2.16% (£-22/oz t) in less than three hours, taking the precious metal's ...

Last night’s terror-related shooting in Paris has the potential to change the course of the upcoming French election. 

With a record number of voters still undecided, experts say the shooting of a police officer on the Champs Elysees could bolster ...

The gold price fell 2% yesterday following Theresa May’s decision to hold a snap general election on the 8^th of June.  The pound surged as high as $1.27 against the U.S. dollar, its highest levels since December 2016.

The currency ...

Sterling has surged over 1% against the U.S. dollar causing the gold price to fall to £1,005 per ounce following Theresa May's snap decision to hold a general election.

May said Britain needs certainty, stability and strong leadership following the ...

The UK triggered Article 50 on Wednesday 29^th March – the formal process of beginning to leave the EU.  With it comes considerable uncertainty with an increase in UK investors buying gold to protect their wealth and savings because of ...

China’s second largest gold producer the Shandong Gold Group Co have discovered China’s largest ever gold mine in the North East province of Laizhou-Zhaoyan.

Initial reports estimate that the deposit could yield 382 tons of yellow metal over the next ...

Donald Trump's setback on Friday has helped to push up the price of gold to a one-month high.

The President's failure to pass the US healthcare bill on Friday has led to worries that Trump won'y be able to deliver ...

It’s been confirmed that a hoard of gold found inside a piano in Shropshire was a collection of sovereign coins.

The collection includes an undisclosed amount of full and half sovereigns.  They were found in the piano just before Christmas ...

Analysts are predicting an upsurge in the number of investors putting their cash back into gold.

That’s according to Commerzbank analysts who say the fact that the gold price rose to $1,250 an ounce this week is one of the ...

The gold price has reacted well to last week’s much anticipated U.S rate hike. The price has advanced over $25 per ounce and is fast approaching the psychological $1,250 barrier.

Investors are once again turning to the yellow metal for ...

Following 18 months of money printing the European Central Bank (ECB) has over 1 trillion euros of government debt sitting on their balance sheet.

Despite pumping billions of euros into the economy, growth and inflation remain anemic and market conditions ...

The UK could be out of the European Union by March 2019 after it was announced the Prime Minister will trigger article 50 - the formal process of beginning to leave the union - on Wednesday next week.

Two years of negotiations ...

For the second time in three months, the federal reserve took the decision to increase interest rates by 0.25%. The hike was widely expected, but the cautious tone adopted by Fed Chair Janet Yellen caused the U.S. dollar to fall ...