Select Page

If you caught our Bulletin last Friday, you’ll know that gold prices rounded out the week on a high in the wake of the Federal Reserve’s monthly meeting which finally gave some clarity on tapering plans. While those moves pushed the yellow metal above the important key price level of £1,353 ($1,800), we are seeing a small window to buy open right now if you move quickly.

The gold bulls remain in control and with the advantage but with normal pull backs following that push higher, now is a good time to buy ahead of the Christmas break. Yesterday (Tuesday) gold was priced around £1,345 ($1,7860), just marginally lower on the week. Don’t be fooled by this bluster of risk-on sentiment however, as new restrictions across Europe and the USA in light of the continuing spread of the Omicron variant has markets jittery. With political tensions also rising in Eastern Europe on the Russia and Ukraine border, with the EU and USA threatening sanctions, there are very likely turbulent times ahead.

This website is published by The Gold Safe Ltd, a Company registered in England and Wales with Company number: 11994725 a subsidiary of the United Kingdom Asset Company Ltd, a Company registered in England and Wales with Company number: 09784057 and is intended for information and promotional purposes only. The information provided in our free guide is not intended as an offer to invest and should not be construed as financial advice.

Fees: There are no fees for using this website or service.

Contact us: Tel: 0203 695 3400

Address: 71-75 Shelton Street, Covent Garden, London WC2H 9JQ

All rights reserved copyright 2020 The Gold Safe Ltd

Follow us on:

    Wait! Before You Leave Download The 'Ultimate Guide to Gold Investing'
    FREE of Charge