
November Gold News 2021


Dollar boost hits bullion – and the pound

Pound up following 10-year high for inflation – rate rises to follow?

Pound at 2021 low, economic growth slower than expected
Sterling today hit a new low for the year following the latest GDP figures from the Office for National Statistics. The pound hit $1.337, and has only risen fractionally since to $1.339.
The past 10 days have been a perfect storm of troubles for the pound. Last week the Bank of England decided not to raise interest rates, the US reported a jolt in inflation yesterday, and now the poor GDP figures.

Coin hoard found in Norfolk dubbed largest Anglo-Saxon find

15-month low for growth in US factory output

Game Over – Investors scammed by “Squid Game” crypto
A new cryptocurrency called SQUID has caused chaos this week after scamming investors by prohibiting the sale of currency – before the owners shut up shop and disappeared with millions.

China Gold Association: Gold consumption up almost 50% in 9 months
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