What’s in store for bitcoin in 2025 as Donald Trump returns to the White House? Investing 2024 was definitely the year of the bitcoin: The first bitcoin spot ETFs were approved in the US, the cryptocurrency reached an all-time high, and the fourth bitcoin halving occurred in April. The price of bitcoin now sits at over $84,000, up 142 per cent since the start of the year and 60 per cent [...]
US funds soar in November while gold prices sink Investing US-focused funds topped the charts in November following Donald Trump’s presidential victory, while gold and precious metal funds struggled to maintain their previously strong performance. The average North America-focused fund grew by 7.2 per cent throughout the month, with North American Smaller Companies growing by a whopping 11.9 per cent. This led the best performing [...]
Gold glitters as investors seek safe haven amid geopolitical tensions Investing Gold prices surged to an all-time high of $2,730 (£2,093) this morning as investors sought safe-haven assets amid rising geopolitical tensions. This means that the price of the yellow metal has surged 38 per cent this year. The rally has come as conflict intensified between Lebanon and Israel, with fears growing over a broader regional [...]
City chief goes all in on gold amid government borrowing surge September 30, 2024 A City manager has gone all in on gold as government borrowing has spiralled to "bonkers" levels as a measure against inflation.
Centamin set for £1.9bn takeover by gold mining giant Anglogold Ashanti September 10, 2024 The South African gold mining giant said Centamin was a "compelling strategic fit", highlighting the firm's Sukari mine in Egypt.
Gold hits record high on hopes of Fed rate cut August 20, 2024 The price of gold hit an all time high of $2,513.79 (£1,932.87) per ounce on Tuesday morning as investors hope the US central bank will cut interest rates. The surge in the price of the precious metal, a safe haven asset for investors due to its real world use cases and widely held intrinsic value, [...]
All that glitters is gold: Investors flock to safe haven bullion amid market turmoil August 9, 2024 Amid the market turmoil at the start of this week, retail investors flocked to the safe haven asset of gold as they wrongly feared stocks would continue to sink. Bullion trading on the Royal Mint’s website shot up by 336 per cent on Monday compared to the average throughout the year, with the numbers of [...]
Yellow fever: Central banks and private investors keep demand for gold buoyant July 30, 2024 Private investors and consistent demand from central banks where the two dominant behind the second quarter's consecutive all-time highs in the gold price an industry report has found.
UBS: Silver prices under pressure, but not for long July 29, 2024 Silver prices might be under pressure at the moment, but they should surge up in the next few months, UBS analysts have argued.
Fresnillo: ‘steady’ performance allows miner to maintain guidance July 24, 2024 Bumper lead and zinc output and improved access to higher grade areas has helped Mexican miner Fresnillo to maintain its full year guidance despite poor weather being a drag on the much of the area's mining sector.