The gold spot price fell by just over 1% in an hour on Thursday afternoon, after the Bank of England kept interest rates on hold, but warned that an increase was likely if inflation continues to surge. Gold dropped to ...
Gold News
Welcome to the BullionByPost gold news service. Here we aim to cover all the latest stories affecting the gold and silver markets bringing you the headlines as and when they happen.
Gold prices reached their lowest in over a week on Tuesday. Spot gold slipped 0.1 percent to $1,325.11 an ounce after earlier touching its lowest since September 1st at $1,322.85.
The metal fell 1.4 percent in the previous session, ...
12 Sep 2017, 12:10 p.m.
Daryl Jackson
The price of gold has certainly rallied of late climbing from levels under $1,212 an ounce in July to as high as $1,342.90 this week, touching its highest levels in around a year.
It ...
6 Sep 2017, 11:25 a.m.
Daryl Jackson
The Gold price surged 6% in just three weeks to go over the $1,300 an ounce barrier yesterday, as investors looked to the ‘safe haven’ asset as uncertainty around the world grows. Gold was last above the $1,300 mark in ...
29 Aug 2017, 4:11 p.m.
Daryl Jackson
Should alarm bells be ringing?!
Ten years on from the financial banking crisis there is news of a sub-prime lender in trouble here in the UK. We’ve highlighted concerns about this before, but the news about Provident Financial ...
24 Aug 2017, 1:23 p.m.
Daryl Jackson
As we mentioned earlier this month – there are worrying signs that we could be heading for another big financial crash, ten years after Northern Rock had to be bailed out. In our article on 2nd August, we mentioned the ...
22 Aug 2017, 3:51 p.m.
Daryl Jackson
Gold jumped over £1,000 yesterday, the highest since mid-June, as global stocks fell as investors reduced exposure to riskier assets after rate-setters from Europe and the US remained wary on the economic outlook on both sides of ...
18 Aug 2017, 10:55 a.m.
Peter Walden
The gold price has risen to its highest level in almost two months as tensions on the Korean peninsula continued to support safe-haven demand. Yesterday, subdued trading globally marked the 10th anniversary of the start of the global financial ...
10 Aug 2017, 10:34 a.m.
Peter Walden
Ten years ago to the day since the start of the financial crisis, former chancellor Alistair Darling, who navigated the UK through the 2008 recession, has warned regulators not to be complacent about the stability of the economy. ...
9 Aug 2017, 3:31 p.m.
Peter Walden
There could be worrying times ahead as there are indications that we could be heading for another financial crisis with the personal debt bubble about to burst.
Research by BullionByPost has found concerning similarities between the financial crisis that caused ...
2 Aug 2017, 9:25 a.m.
Rob Halliday-Stein
There’s bad news as far as the pound is concerned this morning.
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.
12 Jul 2017, 9:34 a.m.
Daryl Jackson
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 ...
22 Jun 2017, 12:10 p.m.
Daryl Jackson
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 ...
9 Jun 2017, 12:56 p.m.
Daryl Jackson
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 ...
18 May 2017, 12:17 p.m.
Duncan Richardson
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 ...
16 May 2017, 3:28 p.m.
Duncan Richardson
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 ...
5 May 2017, 12:32 p.m.
Samuel Gee
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 ...
25 Apr 2017, 10:09 a.m.
Duncan Richardson
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 ...
24 Apr 2017, 4:19 p.m.
Samuel Gee
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 ...
21 Apr 2017, 9:50 a.m.
Duncan Richardson
The gold price fell 2% yesterday following Theresa May’s decision to hold a snap general election on the 8th of June. The pound surged as high as $1.27 against the U.S. dollar, its highest levels since December 2016.
The currency ...
19 Apr 2017, 9:48 a.m.
Duncan Richardson
