Gold reached a one-month high in trading yesterday (Thursday)
Gold reached a one-month high in trading yesterday (Thursday) as the US dollar and the 10 Year Treasury yields both started a downwards slide. Gold is now testing a key resistance level which sits around the £1,311 ($1,800 mark) and eyeing a move which could be...
Inflation at highest level in more than a decade – good for gold as price spikes
Official data released this week has confirmed that inflation is now running at its highest level in more than 13 years; a piece of news which signals trouble on the horizon for stock markets, and good things ahead for gold. The yellow metal made notable gains in the...
Inflation fears ratchet up also adding to gold’s allure
New data set to be released later today (Wednesday) could confirm that inflation has hit levels not seen since the financial crash of 2008, potentially forcing the Federal Reserve to put off its planned policy changes which were expected to be initiated next month....
A gloomier than expected Global Growth Forecast Strengthens Gold
A gloomier than expected Global Growth Forecast has handed a double digit boost to gold, underlining just how attractive the yellow metal is in times of uncertainty and less favourable economic conditions. The latest report from the International Monetary Fund (IMF)...Discover how to buy Gold Bullion at 15% below market price
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