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 News
Welcome to the BullionByPost gold news service. Here we aim to cover all the latest stories affecting the gold and silver markets bringing you the headlines as and when they happen.
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 …
8 Jul 2021, 10:47 a.m.
Michael Pinson
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 …
2 Jun 2021, 12:36 p.m.
Michael Pinson
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 …
28 May 2021, 6:58 p.m.
Liam Sheasby
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 …
28 Oct 2020, 4:34 p.m.
Michael Pinson
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, …
14 Oct 2020, 4:32 p.m.
Michael Pinson
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, …
7 Oct 2020, 4:34 p.m.
Steve Ward
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 …
22 Jul 2020, 12:27 p.m.
Michael Pinson
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 …
1 Jul 2020, 4:38 p.m.
Steve Ward
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 …
5 Jun 2020, 4:17 p.m.
Steve Ward
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 …
22 May 2020, 4:34 p.m.
Steve Ward
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 …
27 Jan 2020, 1:45 p.m.
Liam Sheasby
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 …
3 Jun 2019, 11:24 a.m.
Michael Pinson
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 …
28 Jan 2019, 1:15 p.m.
Liam Sheasby
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 …
23 Jan 2019, 5:07 p.m.
Liam Sheasby
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 …
20 Dec 2018, 11:50 a.m.
Liam Sheasby
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 …
5 Dec 2018, 1:38 p.m.
Liam Sheasby
The latest figures from the European Commission have forecast growth for each of the member state of the European Union, with the UK, Italy and Denmark occupying the bottom three places for Gross Domestic Product (GDP) growth in …
9 Nov 2018, 12:36 p.m.
Liam Sheasby
A Russian coin engraver based in the United States has gone viral overnight for his incredible craftsmanship in converting old Dollar and Nickel coins into collectable pieces of art.
Artist Roman Booteen specialises in engraving American coins and zippo lighters …
18 Oct 2018, 1:22 p.m.
Liam Sheasby
The Gold price surged 6% in just three weeks to go over the $1,300 an ounce barrier yesterday, as investors looked to the ‘safe haven’ asset as uncertainty around the world grows. Gold was last above the $1,300 mark in …
29 Aug 2017, 5:58 p.m.
Daryl Jackson