Member of the LBMA
Independent Authority for precious metals
Gold and silver prices have rebounded from last week’s drop, with gold in particular finding support at $2,400. Silver has seen some recovery since falling last week but has failed to hold onto $30.
Gold is rallying yet again, and the previous all-time high in dollars is within touching distance.
Gold and silver still look well poised to push to further highs this year, with both metals seeing gains in the past week, and gold now back above $2,400 per ounce.
Labour have secured the expected majority to win the 2024 general election, removing the Conservatives from Downing Street after 14 years. As polls predicted, Sir Kier Starmer is now Prime Minister of Great Britain with 410 seats so far going to Labour.
