Covid-19 Vaccine Approved
Good news for the World is rarely good for the precious metal markets! Let’s be clear though that the news that Russia has approved a vaccine for Covid-19 is fabulous, but…
Setting the Bar Even higher
As it roared through the 19’s, the spot price of silver this morning has broken the psychological £20/oz mark, whilst gold sets ready to smash the unprecedented £50/gram barrier.
The Silver Rocket Continues to Climb
The price of silver has maintained its steep ascent with a rise of over 20% in just 7 days from a midday fix of £15.
All Time Gold Record Price Set to be Broken
The all time record price stands at $1896. 50/oz set on the morning fix of September 5th 2011, briefly yesterday the spot price nudged past the $1900/oz mark.
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Markets Fall Further
In unprecedented market conditions related to the Coronavirus pandemic, all precious metals fell sharply again today with silver at one point trading below £10/oz.
Gold, Silver, Platinum & Palladium tumble
Gold down 4% Silver down 6% Platinum down 10% Palladium down 19% It makes stark reading as all markets tumble in the wake of the coronavirus pandemic.
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Precious Metal Sell-Off
The rising price of gold could not be sustained over the past week and so volatile prices including dramatic falls have taken place.
Gold hits 7-year high
On the back of economic fears surrounding the outbreak of the coronavirus, gold and silver have seen safe haven investment and subsequent increases in price.
£40/gram Level Smashed
In its continuing rise, gold today smashed through the £40,000/kg mark (£1250/oz) and keeps on going.