Theresa May Quits As PM – Gold In British Pounds Reaches £1,015 Per Ounce

Theresa May Quits As PM - Gold In British Pounds Reaches £1,015 Per Ounce

] Gold in British pounds consolidates over £1,000 per ounce after reaching £1,015 per ounce due to political uncertainty and concerns of a Hard Brexit Theresa May, in an emotional speech outside 10 Downing Street, said she had “done everything” she could to convince MPs to back the withdrawal agreement she had negotiated with the … Read more

Gold Consolidates Near All Time High In British Pounds

Gold Consolidates Near All Time High In British Pounds

] Sterling is under pressure today and gold near all time record highs in sterling (see chart) due to the likelihood that Britain’s ruling Conservative party will elect Boris Johnson (aka ‘BoJo’) as its new leader and Prime Minister today. Gold In Sterling Nears Record Nominal Highs The result of the weeks-long internal party election … Read more