0121 634 8060 7am-10pm, 7 days a week Free Insured Next Day Delivery

January Gold News 2019


Gold back over £1,000 per ounce as May votes against her own Brexit deal

Gold back over £1,000 per ounce as May votes against her own Brexit deal

The price of gold has climbed above the £1,000 per ounce mark once again, after last night’s series of Brexit votes in the House of Commons.

MPs gathered to cast their votes on seven amendments to the Prime Minister’s Brexit deal, which remarkably featured Theresa May backing Sir Graham Brady’s amendment to abandon the Irish backstop and enter renegotiations with Europe – something she had previously arranged and said was not possible to amend.

Gold in 2018: Down in Dollars but record-breaking year for most currencies

Gold in 2018: Down in Dollars but record-breaking year for most currencies

The price of gold in US Dollars was relatively flat and stable in 2018, ending the year down by 1.5% and recording the first annual decline in gold price since 2015, but in 2018 gold set record high prices or near highs in 72 currencies, and came close to records for the likes of the Pound Sterling, Swiss Franc, Euro and Chinese Yuan - all of which suffered from the US Dollar’s fierce rise in popularity.

linkedin
Need help? Chat with Us