Gold prices remain resilient amid rising inflation and spiking yields February 11, 2022 Gold prices have stabilised above $1,800 per ounce amid rising inflation and 10-year US treasury yields spiking above two per cent.
Gold under pressure amid interest rate hike concerns January 31, 2022 Gold prices chalked up its biggest weekly loss last week since September, with the Federal Reserve finally set to hike interest rates.
Gold prices finally rise amid Wall Street turbulence and inflationary pressures January 21, 2022 Gold could be returning to its established role as an inflation hedge, with prices finally increasing after many weeks of treading water.
Silver: Golden opportunity or flash in the pan? January 19, 2022 Silver prices are closing in on two-month highs of $24 per ounce, amid disappointing US manufacturing figures and inflationary pressures.
Gold glints with opportunity as Federal Reserve mulls interest rate hike to combat rising inflation January 17, 2022 Impending increases in US interest rates could power gold’s performance over the coming weeks according to market analysts, with prices currently treading water at just over $1,820 per ounce.
Gold hits a one-month high as inflation concerns mount December 28, 2021 Gold prices climbed this morning as the U.S. dollar weakened and concerns over Omicron led bullion's year-end rally to a more than one-month high.
Gold prices slide to four-month lows on fears of rates hike August 9, 2021 Gold prices dropped to a four-month low this morning amid growing concerns that the Federal Reserve could hike interest rates sooner than expected. As of 8:30, the yellow metal was hovering at $1,747.93 an ounce, just below the crucial $1,750 level, having staged a slight rally today. At one point, it fell as low as [...]
Russia’s Nordgold plots London IPO after gold price climb June 3, 2021 Russian mining giant Nord Gold has confirmed its plans today to hold an initial public offering (IPO) in London, after reaping the benefits of rising gold prices. The company, known as Nordgold, is plotting a free float of at least 25 per cent while it also plans another listing in Moscow, the group said today. Investor [...]
Foreign Secretary Dominic Raab to intervene in case over £1.4bn of gold deposited in the Bank of England June 1, 2021 In a case that is set to determine the fate of almost £1.4bn of Venezuelan gold deposited in the Bank of England, UK’s Foreign Secretary Dominic Raab has been granted permission to intervene at the Supreme Court during a hearing scheduled for next month. The case at the highest court in the land is between the [...]
Before the Bell: Silver as the star of the show February 2, 2021 Silver was the star of the show yesterday as it experienced a major rally as the cabal of Reddit-retail traders honed in on the metal to spark a short squeeze. The band of retailer traders that ratcheted up the price of Gamestop shares last week poured their funds into silver. Excitement was heating up over [...]