Gold Rises In All Currencies – Gains 1.6% To £1,079/oz In GBP, Near 7 Year High

Gold Rises In All Currencies - Gains 1.6% To £1,079/oz In GBP, Near 7 Year High

] GoldCore NoteGold prices have risen in all currencies today and especially in British pounds with gold having risen 1.5% to £1,078/oz. Concerns regarding the weak UK economy and Brexit fears continue to weigh on sterling. Gold in GBP – 1 Day More loose monetary policies are making gold attractive again as are the elevated … Read more

Gold Surges To £1,175/oz, Near Record £1,179/oz In GBP, As Sterling Falls Sharply

Gold Surges To £1,175/oz, Near Record £1,179/oz In GBP, As Sterling Falls Sharply

] Gold prices have surged in British pounds today as sterling fell sharply on concerns that Boris Johnson may lead the UK and EU into a “hard Brexit.” Gold surged to 1,175/oz and nearly touched the all time record nominal high of £1,179/oz as the pound fell on international markets. Gold gained nearly 0.5% in … Read more

Gold Reaches New Record Highs In GBP at £1,272 and EUR at €1,399 as Johnson Suspends UK Parliament

Gold Reaches New Record Highs In GBP at £1,272 and EUR at €1,399 as Johnson Suspends UK Parliament

] * UK political chaos, Brexit concerns and flight to safety propel gold in sterling and euros to new record nominal highs * Gold priced in sterling and euros soared to record highs today at £1,272 and €1,399 per ounce, spurred by increasing fears of a disorderly British exit from the European Union as PM … Read more

Gold Is The Best Performing Asset In 2020 YTD: +15% in USD, +18% in EUR and +23% in GBP

Gold Is The Best Performing Asset In 2020 YTD: +15% in USD, +18% in EUR and +23% in GBP

] 2020 Asset Performance Table  (Finviz) ◆ Gold is 15% higher in dollars, 18% higher in euros and 23% higher in sterling year to date as safe haven demand sees gold act as a hedge again. ◆ Silver has under-performed gold in the short and medium term and is only 1% higher year to date … Read more