Oaktree Capital co-founder voice doubts that macroeconomic fears caused gold’s rally October 20, 2025 Howard Marks, co-founder of investment firm Oaktree Capital, has voiced his scepticism over gold’s rallying run, believing economic conditions have not caused the surge and there is “no intelligent way to assess the intrinsic value”. Speaking on The Master Investor podcast with Wilfred Frost, Marks attributed the precious metal’s long standing run to popularity, believing [...]
Mining has its mojo back – will London miss out? October 15, 2025 After years spent cast as the underbelly of the global economy, mining is undergoing a reputational and financial revival. Ali Lyon explores what’s behind the renaissance, and whether London risks losing its status as the industry’s spiritual home as a result. With his thick-rimmed spectacles, salt-and-pepper hair and wiry, lean build, Gustavo Pimenta is a [...]
Silver prices tail off after hitting first record in four decades October 15, 2025 Silver prices retreated on Tuesday after hitting their first all-time high in over 45 years, as supply fears and a short squeeze added momentum to a year-long rally spurred by investor fears over government debt levels and sticky inflation. On a historic day of trading, spot prices for the precious metal broke $53 an ounce [...]
Gold has hit ‘peak trendiness’ analysts suggest October 13, 2025 The record gold rally of the past few months “may have peaked in trendiness”, a top investment bank has predicted despite the precious metal hitting fresh highs on Monday fuelled by Donald Trump’s threat last week to upend trade with China. Deutsche Bank said that while it was not predicting “an impending correction”, the length [...]
FTSE 100 Live: Lloyds and HSBC stock tumble drags index into red October 9, 2025 Good morning from the City AM liveblog team. While the FTSE has been on a tear since the start of the year, there’s no denying that the glittering allure of gold is the real asset that investors can’t turn their eyes away from. A flurry of political drama across several major economies has reignited fears [...]
‘Storm of volatility’ carries gold past $4,000 per ounce October 8, 2025 A flurry of political drama across several major economies has stoked already existing fears around ballooning sovereign debt to fuel gold’s rise this year, market strategists have said, after the precious metal shot past $4,000 per troy ounce for the first time in its history on Wednesday. Analysts said the ongoing political impasses in France [...]
FTSE 100 Live: Bank shares surge; Gold surpasses $4,000 October 8, 2025 Good morning from the City AM live blog team. Arguably no sector has had as sensitive share movement in recent months as the banking industry. In August, following the motor finance ruling, City banks added £7bn in market value after a major boost from the Supreme Court. But less than a month later after the [...]
FTSE 100 Live: Shawbrook confirms IPO; Aston Martin hit by tariffs October 6, 2025 Good morning from the City AM liveblog team. After a worryingly-long drought, the London IPO market roared back to life this morning following a shot in the arm last week. Shawbrook has kicked off the week putting the City on the front foot after confirming intentions of a float. It’s a major boost, one that [...]
FTSE 100 Live: Wetherspoons boss slams taxes; Tuna giant eyes IPO October 3, 2025 Good morning from the City AM liveblog team. There is no clearer sign of the scale of political turmoil the past nine months than the soaring price of gold. The precious metal started the year near $2669 and has since soared to $3900 – a rise of over 45 per cent. The asset now looks [...]
Gold to glitter past $4,000 after year of political jitters October 2, 2025 In a year defined by geopolitical turmoil, gold has not stopped glittering. The yellow metal started the year near $2669 and has since soared to $3900 – a rise of over 45 per cent. The asset now looks set to cross the $4,000 landmark for the first time with the latest rally triggered by the [...]