Gold News

A volatile mix of economic and geopolitical factors has caused large price swings for gold and silver this week.

Escalation between Ukraine and Russia has reversed gold’s fortunes after two weeks of market attention focused on the US election.

Markets are reacting today to the news that Donald Trump has secured a second term as President of the United States.

A significant escalation of the conflict in the Middle East has brought further volatility to commodity prices, pushing gold to new highs in major currencies yesterday.

Gold’s incredible rally in 2024 has progressed to the next stage, with prices continuing to rise this week and pushing gold in GBP to a new milestone of £2,000 per ounce.

Yesterday saw one of the year’s big fiscal events, and as expected the results were dramatic, pushing gold briefly above $2,600 per ounce for the first time.

Gold has pushed higher once again this week as markets continue to weigh up a perfect storm of geopolitical risks, fiscal policy, and economic concerns.

Gold prices remain relatively volatile this week, but a weaker US dollar is helping to keep gold above the historic $2,500 per ounce level.

Continuing it’s incredible year of record breaking, gold hit a new historic milestone Friday, breaching $2,500 per ounce spot price for the very first time.

Gold has tested record highs once again this week despite some choppy trading. A mixture of geopolitical and economic concerns is helping to support gold prices ahead of the key fourth quarter that could see further gains.

A brewing storm of market and geopolitical volatility continues to cause unusually high levels of price volatility for gold and silver. A stock market crash on Monday has for now stabilised but could be a sign of things to come.

Safe haven buying on fears over the escalating conflict in the Middle East have pushed gold and silver prices up once more and combined with renewed speculation on interest rates to give precious metals a strong recovery after last week's sharp dip.

Gold is rallying yet again, and the previous all-time high in dollars is within touching distance.

Gold and silver still look well poised to push to further highs this year, with both metals seeing gains in the past week, and gold now back above $2,400 per ounce.

Gold and silver prices continue to trade at similar levels seen throughout June so far, but market volatility remains with a whole host of factors driving uncertainty.

Gold and silver prices have stabilised so far this week after seeing a sharp drop in prices on Friday. With the latest US CPI report and Federal Reserve meeting taking place today however, there could be further price movement to come.

Gold and silver have seen a bumpy start to June, with both metals pulling back from recent highs as markets weigh up the likelihood of when the Federal Reserve will make their first cut.

Precious metals have enjoyed yet another jump in prices, with gains on Friday continuing into trading this morning, setting a new USD record.