August Gold News 2023

Gold and silver are continuing to enjoy a bounce back in their prices this week, both in the US and here in the UK.

Gold has fallen below $1,900 per ounce this week on market fears over a deteriorating Chinese economy and higher US rates.

Precious metals are experiencing volatility this week, with silver in particular seeing some big price swings. There is plenty going on in financial markets this week, despite the summer months normally resulting in a quieter period so below we have provided a brief summary of some of the key things influencing the financial markets this week.