“Author Archive”
Articles written by Kate Gerbich
Kate is a Research Editor at Gold Made Simple and contributes news, articles and features on the website. Kate gained valuable research training and experience with the BBC. She previously worked for the BBC Features Department as a Production Assistant and Researcher on a variety of primetime television programmes. https://uk.linkedin.com/in/kate-gerbich-80600617

Gold hitting new highs over North Korea while Acacia looks to turn back on Tanzania

Yesterday evening the gold price hit its highest point in just under a year. Spot gold reached $1,377.40 before settling at $1,330.71 at 09:49 BST today. Gold rose in response to the combination of the escalating situation in North Korea, and a global sell-off in the stock markets. The dollar depreciated against the yen and […]

September 5th, 2017 | Posted in Gold News,Mining | Read More »

Economic data exceeds expectations and puts pressure on gold price

The gold price has continued its steady pattern from yesterday, albeit facing downward pressure from the continuing threat of a recovering dollar and good economic data, but has proved resilient by the ongoing threat from North Korea. The dollar’s recovery, which has seen it rise up from its 15-month low on Tuesday, can be attributed […]

August 31st, 2017 | Posted in Gold News | Read More »

New geological acid seas theory sees mining firm valued at half a billion dollars

Australia

Are the plains of Western Australia the gold laden brethren of South Africa’s welds? Quinton Todd Hennigh, is certainly hoping so, the president of Novo Resources Corp has seen the value of his business rocket on the back of such a theory. Hennigh believes the Witwatersrand region of South Africa, home to one of the […]

August 23rd, 2017 | Posted in Gold News | Read More »

Dollar rally sets gold back as markets await Fed minutes

dollars

Gold had its worst one day drop in six weeks yesterday. This morning the spot price was down to $1,270.31 while Tuesday saw gold for December delivery lose $10.70, or 0.8%, to move to $1,279.70. The drop in price marks a change in fortune for the yellow metal which had been enjoying a more bullish […]

August 16th, 2017 | Posted in Gold News | Read More »

Gold strengthening as Guam missile crisis continues 

USS Ronald Reagan

Gold rose again on Thursday as tensions between North Korea and the US continued to impact markets. This morning gold had reached $1,286.33 while gold for delivery in December rose 0.8% to $1,290.10. The ongoing political crisis that has seen North Korea state it was seeking to strike the US Pacific island territory of Guam […]

August 11th, 2017 | Posted in Gold News | Read More »

Gold as payment targeted by tax panel GAAR’s first ruling

Pocketing gold as payment is no longer allowed

A ruling under the UK’s tax General Anti-Abuse Rule (GAAR) has forbidden payment in gold. The GAAR’s panel made the ruling to prevent tax avoidance via payment of salary in gold bullion or nefarious accountancy practices that move wealth via the buying and selling of assets – commonly gold. “HMRC has already made clear that […]

August 8th, 2017 | Posted in Gold News | Read More »

Gold off a seven week high, into new price parameter

The gold price was at $1,266.02 this morning, marking a come down from a previous seven week high of $1,273 last night. Gold’s robust outlook and price pick up has been largely attributed to the weaker economic data coming from the US, offsetting the prospect of any significant interest rate hikes by the Federal Reserve. […]

August 2nd, 2017 | Posted in Gold News | Read More »

Dollar bounce sees gold dip after six-week high

A recovery for the US dollar has seen gold take a dip from the six week highs it enjoyed earlier in the week. The dollar bounced having fallen recently following less sparkling US economic data that impacted on inflation predictions. As a result the Federal Reserve (the Fed), led by chair Janet Yellen, delayed any […]

July 28th, 2017 | Posted in Gold News | Read More »

Federal Reserve meeting tomorrow set to be non-eventful

The gold price has eased off slightly after a mild dollar recovery. Spot gold sits at $1,253.00, down from yesterday’s $1,257.18. “Gold is taking a breather after a big run up the last few days,” said Colin Cieszynski, chief market strategist at CMC Markets, in Marketwatch. The dollar market has been bearish for a while, […]

July 25th, 2017 | Posted in Gold News | Read More »

ECB still unlikely to tighten, gold scammer story resurfaces

Yesterday the gold price improved slightly, as dollar weakness continued on the back of decreasing faith in the likelihood of a rate hike by the Federal Reserve. The ICE dollar index sat at 94.759, with gold futures fluctuating between $1,235.10 and $1,243.50. Today the dollar has strengthened slightly at 94.98, and gold futures fell to […]

July 20th, 2017 | Posted in Gold News | Read More »

The Atlas Pulse Report