Sterling Down For Record 13th Day on Political Uncertainty and Hard Brexit Fears

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

] Pound extends fall as support for Theresa May evaporates Gold ends modestly higher, edges up further in electronic trade after Fed minutes Fed minutes: No rate moves are coming ‘for some time’ even if the economy improves Trump cuts short infrastructure meeting, blasts Pelosi’s ‘cover-up’ accusation Deutsche Bank shares collapse and executives brace for … Read more

Gold Gains 1.7% and Silver Surges 4.9% After Weak U.S. Data Compounds Global Recession Fears

Gold Gains 1.7% and Silver Surges 4.9% After Weak U.S. Data Compounds Global Recession Fears

] * Gold gained 1.7% and silver surged 4.9% yesterday after weak U.S. manufacturing data reinforced fears of a U.S. and global recession * The escalation in the U.S.-China trade war and the political shambles in the UK and Brexit further bolstered gold bullion’s safe-haven appeal * U.S. manufacturing activity contracted for the first time … Read more