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Glint lines up for US launch

glint

Gold currency app Glint is preparing to launch in the US. The London based fintech aims to bring the global currency of gold to the American market and has lined up partnerships with Sutton Bank and Galileo Processing to facilitate its US expansion. “We are so delighted to have partnered with Sutton Bank and Galileo […]

September 16th, 2018 | Posted in Gold News | Read More »

Gold-laden Russian cruiser discovered

DmitriyDonskoy1880-1905

The discovery of the wreck of Russian Navy vessel Dmitrii Donskoi off the coast of Korea has prompted speculation of a potential $100 billion dollar treasure trove. The Imperial Russian Navy ship was sunk by its crew in 1905 after being intercepted by the Japanese fleet following the battle of Tsushima in which the Russian […]

July 18th, 2018 | Posted in Gold News | Read More »

Hungary undertakes gold repatriation

Hungary has announced the relocation of three tonnes of gold from London to Budapest. The Hungarian central bank said the repatriation of the gold, worth $130 million would “strengthen market confidence towards Hungary”. Presumably the European state is now saving on storage costs but it has not divulged any savings or the method of the […]

March 15th, 2018 | Posted in Gold News | Read More »

Glint launches spendable gold via Mastercard & app

glint

A London start-up is reintroducing gold as money a hundred years after people were using gold sovereigns. The Glint app lets users spend gold as money, any amount, anywhere. Gold can be bought on the app at the touch of a button, it is stored in a Brink’s vault in Switzerland and can be spent […]

November 22nd, 2017 | Posted in Gold News | Read More »

Gold may go up on the continent if the ECB doesn’t act

The gold price has reached a near year high despite stock markets recovering, hitting $1357.17 in the early hours of this morning on the back of continuing geopolitical tensions and the weather storms hitting the US. It marks an increase of more than 1% compared to Wednesday’s closing price, and is up 17.6%, or $200, […]

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

Gold is becalmed as US gives itself economic space

The gains in the gold price have calmed today after Washington reached a deal to extend the deadline on the Federal government’s debt ceiling, in conjunction with a stock market rally. Gold reached a peak of $1,340.56 yesterday, before dropping to a low of $1,322.92. Today shows a marked improvement, with a rise up to […]

September 7th, 2017 | Posted in Gold News,Mining | Read More »

Gold price stays strong but outlook weighed by potential US political progress  

The gold price has risen in accordance with ongoing tensions in North Korea, and as markets continue to digest the global equity fall. Spot gold at time of writing sits at $1,340.32. However, rather than potential nuclear conflict, some commentators believe gold’s strength stems more from the lack of a tax-code rewrite or other perceived […]

September 6th, 2017 | Posted in Gold News | Read More »

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 »

Gold price reaches 11-month high after North Korea test “hydrogen bomb”

Experts have expressed “alarm” at the level and pace of development of the nuclear technology North Korea tested over the weekend, which saw the gold price reach an 11-month high. Pyongyang claimed to have tested a hydrogen, or thermonuclear, bomb on Saturday, which caused tremors ten times as powerful as the last time Pyongyang exploded […]

September 4th, 2017 | Posted in Gold News | Read More »

This economic data could potentially influence a rate hike

The gold price has eased off after a rally which saw it reach a peak of $1,322.84, with a sell-off in response to the price rise capping any gains made overnight. Spot gold at the time of writing sits at $1,318.18, but ongoing political tension kept prices around the nine and a half month highs […]

September 1st, 2017 | Posted in Gold News,Mining | Read More »

The Atlas Pulse Report