Home » September 8th, 2017 Entries posted on “September, 2017”

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 »

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