Gold News

The Central Bank of Ireland has added 2 tonnes of gold to its reserves this year, with gold purchases in September and October.

The discreet purchase sees an increase in Ireland's holdings from 6 tonnes to 8 tonnes; …

Gold is currently $1,808 per ounce after shooting up last Friday following comments by Federal Reserve chairman Jerome Powell at the Fed's annual Jackson Hole conference on Friday. 

Gold jumped from $1,789 per ounce to a peak of $1,818 before …

After a strong week of trading, the gold price has seen a small rise following the release of the minutes from the latest Federal Reserve committee meeting in the US. The Fed confirmed that its members are moving towards tapering …

Both the US and UK have reported further rises to inflation this week, in further signs that central banks may be wrong to claim inflation is just a transitory issue.

The consumer price index for June showed prices have risen …

Gold has seen a small boost in price this week following further signs that central banks are once more buying gold. Gold reserve purchases had largely stopped throughout 2020, as central banks focused on the economic toll of Covid-19, but …

Gold and silver have both seen steady gains for several weeks now, in a strong rally for precious metals. The gains come as investors turn to safe havens to protect their wealth in what appears to be an increasingly inflationary …

Inflation in the United States has risen by 1.2% in the last month to 3.1% overall; the highest recorded levels measured by the core personal consumption expenditures (PCE) index since the early 1990s.

Using the PCE index, Bureau …

Global stock markets are trading at monthly lows this week as resurging Covid-19 infections force more governments to introduce strict lockdowns.

European markets in particular are suffering heavy losses, with major countries like Germany, France and Italy introducing strict measures …

With the US election just less than three weeks away, many investors are wondering what impact the vote will have on the gold price, as well as other precious metals. November 3rd will mark a historic day in US history, …

For a central bank holding billions in your nations reserves, a building renovation presents additional challenges far and above the norm. De Nederlandsche – central bank to the Netherlands – is currently in the process of renovating it’s 50-year-old building, …

After four days of intense negotiations the 27 members of the European Union have agreed a record breaking ‘recovery package’ for the EU totalling €750 billion.

The talks have been described as a marathon and fractious, with the self-styled ‘frugal …

Gold has long been a popular choice of investment for German investors, and it is perhaps unsurprising that in a time where gold demand has risen globally, German citizens are turning to gold to protect their wealth.

A survey of …

Around the world passenger airline industries have been amongst the worst hit businesses from the current Coronavirus crisis. With their planes grounded, some of the largest airlines are facing collapse or require government bailouts in order to keep flying.

In …

After 2019 saw the gold price rise across Europe, the coronavirus has plunged the Eurozone into a fresh crisis that has seen increasing numbers of investors turn to gold bullion to protect their wealth.

A European Central Bank update on …

Global stock markets have been hit by the latest coronavirus fears, which based on the latest figures has left 81 dead and over 2,800 people confirmed ill.

Today the …

A new report shows that gold is now the second-most popular way to invest in Switzerland, being mentioned
by 48% of those questioned. Almost one fifth of Swiss nationals are even planning to invest in …

The price of gold was relatively flat and stable in 2018, ending the year down by 1.5% and recording the first annual decline in gold price since 2015. Gold ended 2018 at $1,280.51 per ounce, having seen highs earlier in …

Russia has officially overtaken China to rank fifth in the world for the largest central bank holding of gold bullion, with only the US, Germany, France and Italy ahead of it.

Driven by sanctions from the United States and other …

Photograph of Jerome Powell, courtesy of the official US Federal Reserve Flickr account

The Federal Reserve raised US interest rates by 0.25% last night, pushing rates up to a …

After weeks of rapid price growth, the price of Palladium has finally overtaken that of Gold for the first time in the precious metal’s history.

Palladium is currently at 1 106 € per ounce, while gold is at 1 090.69 …