Nov 2024
Gold & Silver Market Shifts: US Election, Fed Cut, and China Demand
Gold was steady around $2,740 at the start of last week then dropped 3.5% on the day after the US election and some froth was duly blown offIt then unwound 64% of the fall, rising to a Fibonacci resistance level – - but is below the lower band of its recent rising trend and a bearish moving average pattern is developingSilver was similar, around $3... Read more
Nov 2024
Gold Rises on Geopolitical Tensions and U.S. Election Focus
Geopolitics continue to boost gold; now marking timeSpot still failing at $2,800While gold is posting fresh nominal highs, it is still 30% off the spot high of 21st January 1980 when expressed in today’s moneyChina ETF gold demand acceleratingGold re-focusing on the Presidential election as well as the Middle EastNonFarm Payroll –poor, devil in the... Read more
Oct 2024
Gold Faces Shallow Correction as Silver Hits Highs
A much-needed midweek correction for gold , but still only a shallow oneSpot approached $2,800 but failed at $2,760Mid-week last week nearby gold was in a backwardation in the face of demandGold ETF year-to-date now positiveNet silver long at 2-1/2-year highsGold seems to have election-fatigue and is more concerned with the Middle EastAlthough the... Read more
Oct 2024
How Much Gold Should I Own?
If you’re new to gold investing, you might be wondering: how much gold is an ideal amount to hold? The answer, unfortunately, isn’t always straightforward. Some investors look to gold as a buffer against inflation while others see it as a tangible asset that can preserve wealth over generations. The ideal gold allocation for you will depend on yo... Read more
Oct 2024
How Much Gold is Kept in the Bank of England?
The Bank of England holds around 400,000 gold bars with a value of more than £200 billion pounds. As the second-largest holder of gold reserves in the world, after the New York Federal Reserve, the Bank stores gold on behalf of customers including central banks, national governments, financial institutions, and LBMA bullion bank members. In this... Read more
Oct 2024
Minimum Amount to Invest in Gold?
Gold investing isn’t just for big budgets or high rollers – contrary to popular belief, you don’t need to spend thousands of pounds to invest in gold. Gold bullion bars and coins come in a range of sizes that make gold accessible for everyone, whether you’re investing £100 or £10,000. If you’d like to start investing in gold but don’t have a mass... Read more
Oct 2024
Giving Silver as a Gift
Gifting silver is a timeless tradition that combines elegance, sentimentality, and universal value. Whether you’re celebrating a special occasion, marking a milestone, or simply want to show someone you appreciate them, it’s rare to find someone who wouldn’t treasure the gift of silver. In this guide, we look at the historical and cultural signifi... Read more
Oct 2024
Gold Markets in Flux: Middle East Tensions, US Labor Strength, and Silver Volatility
Gold caught between Middle East escalation and a healthy-looking US labour marketThe 10-day moving average is now just above spot; 20D is at $2,620COMEX outright longs off in the week to last Tuesday – but are still too high!Shorts up 32% in the week to the highest since late FebruaryThese elements could point to incipient volatilitySilver challeng... Read more
Oct 2024
Exclusive Bullion Coins from the Royal Canadian Mint: The Canada Goose Lands today!
The Royal Canadian Mint has earned an outstanding reputation in the world of precious metals, particularly with its legendary Maple Leaf bullion coin. Available in both gold and silver, the Maple Leaf coin is not only a bestseller for investors worldwide but also a symbol of excellent quality and innovative security standards. These coins are disti... Read more
Sep 2024
Gold and Silver Markets: New Highs, Corrections, and Key Insights for Investors
More new highs for gold, but now starting a much-needed correctionSupport offered between $2,505 and $2,620 from the key moving averagesCOMEX outright longs at a 4.5-year high last Tuesday. Too high!Shorts up 60% in the week but only to four-month highs.Silver has run out of steam, not least due to some lively hedging activity From bottom to top in... Read more