Ramsdens strikes gold after price jump boosts profit to record high June 4, 2025 Pawnbroker Ramsdens enjoyed a bumper six months as its profit soared on the back of record high gold prices. Ramsdens’ pre-tax profit jumped 54 per cent to an all-time high of £6.1m. This was up from £4m in the first half of 2024. The firm said its purchase of precious metals segment performed “very strongly” [...]
FTSE 100 extends record win streak as gold miners rally May 6, 2025 The FTSE 100’s record run, fuelled by a recovery in investor sentiment following a pullback in US tariff threats, extended to 16 days on Tuesday. The blue-chip index had another nail-biting session fluctuating between small gains and losses before scraping a 0.01 per cent win. Gold miners led the risers as Endeavour and Fresnillo topped [...]
Tariff turmoil pushes gold to fresh high as mining stocks soar April 11, 2025 The price of gold has climbed to another record high, as anxiety around Donald Trump’s tariff plan and a falling dollar push investors into the traditional safe haven asset. The price of bullion rose 1.5 per cent to break $3,200 (£2,451) per troy ounce for the first time on Friday as equities across Asia fell [...]
The Debate: Should we go back to buying gold? March 19, 2025 As gold prices reach record high, is it time to start investing in the yellow metal? Two experts hash it out in this week's Debate.
Gold clears $3,000 for first time ever March 14, 2025 Gold prices scaled $3,000 per ounce for the first time ever on Friday, as investors and central banks continue to hoover up the popular safe haven asset as a bulwark against persistent geopolitical and economic uncertainty. The milestone caps an astonishing rally for the yellow metal in recent years. The price of gold has jumped [...]
Gold rush: Royal Mint says investors flocking to buy bullion before new tax year February 3, 2025 Gold bullion sales are soaring as investors seek to protect themselves against political and economic turmoil – and from capital gains tax too. The Royal Mint says its revenue from gold bullion sales rose nine per cent over 2024 to reach a new record high. These sales rose 153 per cent in the final quarter [...]
Why the gold price will continue to rally in 2025 December 28, 2024 The untrammelled ascent of bitcoin has occupied the attention of many market watchers of late, with Donald Trump’s election to the White House sending the cryptocurrency – and others like it – on an eye-watering tear. Bitcoin has risen nearly 50 per cent since November 3 – the eve of the US election – while [...]
Gold glitters as investors seek safe haven amid geopolitical tensions October 21, 2024 Gold prices surged to an all-time high of $2,730 (£2,093) this morning as investors sought safe-haven assets amid rising geopolitical tensions. This means that the price of the yellow metal has surged 38 per cent this year. The rally has come as conflict intensified between Lebanon and Israel, with fears growing over a broader regional [...]
Gold hits record high on hopes of Fed rate cut August 20, 2024 The price of gold hit an all time high of $2,513.79 (£1,932.87) per ounce on Tuesday morning as investors hope the US central bank will cut interest rates. The surge in the price of the precious metal, a safe haven asset for investors due to its real world use cases and widely held intrinsic value, [...]
Yellow fever: Central banks and private investors keep demand for gold buoyant July 30, 2024 Private investors and consistent demand from central banks where the two dominant behind the second quarter's consecutive all-time highs in the gold price an industry report has found.