Gold Blog

Gold Rises As Stocks and the Pound Fall On Valuation Concerns, Italy and Brexit Risks

Key Gold and Precious Metals News, Commentary and Charts This Week Gold and silver have eked out slight gains this week as stock markets came under pressure due to concerns about tech and oil sector valuations, Italian banks and political and financial turmoil due to Brexit. Gold is 0.65% higher for the week in dollars […]

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Pound Falls 2.5% Against Gold as UK Government in Turmoil Over Brexit

The pound plunged against the euro, the dollar, gold and all leading currencies today as Theresa May’s UK government appeared vulnerable to collapsing and political turmoil risked creating a hard Brexit. Gold in GBP (24 Hours) The pound has fallen 2.6% against gold in less than twenty four hours seeing gold rise from £923 to […]

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GoldCore Capitalising On Brexit With Dublin Gold Vault

(Reuters) – Gold broker and storage company GoldCore said on Tuesday it had opened a gold vault in Dublin, aiming to attract investors looking for an alternative to London after Brexit. Dublin-based GoldCore, which set up the facility in collaboration with security firm Loomis International, said it was Ireland’s first institutional grade vault. “Brexit and […]

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Investors Set To Store Gold In Dublin Due To Brexit Risks

(Media Release) Investors Set To Move and Store Gold In Dublin Due To Brexit Risks – Investors in Ireland, the UK and internationally can for the first-time own gold in a secure and liquid way in accredited, professionally managed, fully insured, institutional grade vaults – Secure gold investment in Ireland for first time as global risks […]

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Investors Start Buying Gold ETFs In October In Bullish Shift

Billion-Dollar Monthly Boost in Buying of Gold ETFs Offers Hope to Gold Investors by Myra Saefong of Marketwatch Exchange-traded funds backed by gold increased their holdings by $1 billion in October, marking a possibly bullish shift in investor sentiment toward the precious metal. The ETFs hold physical gold assets, which are equivalent to the fund’s […]

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As Brexit Looms and Stocks Plunging In October – Now May Be The Time to Invest in Gold

Key Gold and Precious Metals News, Commentary and Charts This Week With Brexit around the corner and stock markets plunging in October – is now the time to invest in gold is asked by This Is Money this week. They kindly mention GoldCore as a leading “online bullion dealer” of physical gold (bars and coins) and informed […]

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AMERICAN ELECTIONS FARCE AS POLITICIANS IGNORE THE LOOMING $121.7 TRILLION DEBT CRISIS

In today’s update we look at yet another ‘Punch and Judy’ American election farce which once again ignored the ‘Elephant in the room’ – the inevitable U.S. $121.7 trillion debt crisis and the coming global $250 trillion debt crisis. We briefly look at the outcome of the elections, how markets have reacted in the short […]

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Gold ETFs See Strong Demand In Volatile October After Robust Global Gold Demand In Q3

– Gold ETFs saw inflows in volatile October as investors again hedged risk – Gold ETFs see demand of 16.5 tonnes(t) in October to total of 2,346t, the equivalent of US$1B in inflows – Global gold demand was robust in Q3 – demand of 964.3 tonnes – plus 6.2t yoy – Strong central bank and store of value […]

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Venezuela Seeks To Repatriate $550 Million Of Gold From London

Venezuela Seeks Return Of Gold Worth $550 Million From Bank of England CARACAS (Reuters) – Venezuela is seeking to repatriate about $550 million in gold bars from the Bank of England because of fears it could be caught up in international sanctions on the country, two sources with direct knowledge of the effort told Reuters. […]

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Big Short’s Eisman Is Shorting U.K. Banks on Brexit

Big Short’s Eisman Is Shorting U.K. Banks on Brexit – Eisman says U.K. is one of the biggest risks globally – He is betting against two UK banks in the lead up to Brexit – Eisman may short 50 other UK firms if “Trotskyite” Corbyn becomes UK PM – Eisman is famous for betting against the US housing […]

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