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

February Gold News 2020


Blythburgh hoard gold coins declared treasure

Blythburgh hoard gold coins declared treasure

A collection of Iron Age gold coins has been declared treasure by Suffolk’s senior coroner, having been discovered almost a year ago.

19 coins were found near Blythburgh, Suffolk last February by a metal detectorist. The anonymous finder reported the discovery to Suffolk County Council, and through them the coins have been the subject of cleaning and analysis for the past year, ready for sale to museums keen to display the collection to the public.

Gold demand stays firm despite US Dollar gains

Gold demand stays firm despite US Dollar gains

The price of gold has made slight gains in the past 24 hours, peaking at $1,576.46 per ounce just before midnight as the Asian markets opened and reacted to the latest coronavirus news.

Prices today have risen due to the confirmation that the coronavirus death toll has now surpassed that of SARS. The UK today reported four new cases of coronavirus, while in Japan the Nissan car factory in Kyushu has suspended production while the virus is still prevalent.

Asian markets reopen to losses after Chinese New Year over Coronavirus fears

Asian markets reopen to losses after Chinese New Year over Coronavirus fears

China’s Shanghai Composite index registered a loss of 7.72% today (-229.82 points) as fears over the rapidly spreading Coronavirus were finally reflected on the previously-closed Asian markets.

Investors are wary of backing markets – especially Chinese ones – in the face of reduced operations. With business effectively on hold, many investors see little point in putting money into the system.

linkedin
Need help? Chat with Us