This week everyone has been reminded why they choose to invest in gold and buy silver. As markets reacted to Silicon Valley Bank’s demise, the near-collapse of Credit Suisse and the ensuing panic of policymakers, investors and depositors, gold, and silver have come to the fore. Why did they climb in the price? Because this […]
Gold and silver prices are significantly higher today as markets expressed concern over the US banking system and the desperate measures being taken by officials to keep the ship afloat, amidst contagion fears. When the ranking member of the US House Financial Services Committee goes on CNBC to reassure markets about the current turmoil then […]
“LBMA is delighted to welcome Goldcore as an affiliate member and our first member in Ireland.” Ruth Crowell with GoldCore CEO Stephen Flood. I am delighted to announce that GoldCore has been accepted as a member of the London Bullion Market Association (LBMA). This recognition highlights our significant contribution to the global precious metals market, […]
Yesterday’s events of the U.S. dollar making yet more gains whilst gold and silver prices tumbled, have caught the attention of investors around the world. This sudden shift in the markets is attributed to Fed Chair Jerome Powell’s testimony to Congress, where he increased the likelihood of further rate hikes… With this news, investors are […]
Each year professional analysts and forecasters shine up their crystal balls to submit their precious metal price forecasts to the LBMA. The contest is to be the most accurate predictor for the gold price average for the year; the analyst with the closest average price for the year wins a 1oz. gold bar. The 2023 […]
As the Russia/Ukraine conflict continues to intensify, the risk of deglobalization only grows. Amid escalating tactics from both sides, Vladimir Putin has issued nuclear warnings, while President Joe Biden has been rallying allies in an effort to defend democracies. All this is happening as gold makes its own appearance in this equation, being at the […]
“The soul of money is trust. To operate effectively, businesses must maintain the trust of investors. And central banks must maintain the trust of the public. Governments also have a role to play in the face of today’s central banks’ losses. Because these institutions are ultimately backed by the state, trust in money requires sound […]
In 1983 a total of 6,840 gold bars were stolen from a high security vault in Heathrow in what is still considered to be ‘the crime of the century’. 40 years on and the gold heist is still the biggest single-theft of gold in history. What’s incredible is that the perpetrators never even expected to […]
Click below to watch What’s going on with the gold price? Is the silver price set for a further pullback? Technical analysis expert Gareth Soloway of InTheMoneyStocks joins Dave Russell of GoldCore TV for a monthly look at the gold and silver charts. Volatility has returned to the precious metals markets with bot #gold and […]
Those watching the gold price and price of silver will have noticed the sharp uptick following the Federal Reserve’s announcement, yesterday. This was despite the Fed doing exactly what everyone expected them to do. For now, the Federal Reserve is sticking to its relatively well-telegraphed plan but how long will it be until they need […]