What a week it has been since our last newsletter. Gold has not let us down and remains firmly above $2, 300. Silver is also finally rolling its sleeves up and getting in on the action, yesterday it came close to a three-year high.
Today has been especially interesting with the ECB decision, following the higher-than-expected US inflation data yesterday. Treasury yields shot up to 2024 highs, meaning expectations for an ECB cut were significantly dulled. However, as we have mentioned in our earlier commentary – central bank decisions are not the only ones bearing responsibility for gold’s performance. We also look at towards the Middle East where key intelligence stakeholders are concerned Iran is set to fire upon Israel in the coming days. This would bring the six-month conflict up several notches and would no doubt result in increased involvement from the West.
So with the ongoing state of flux both politically and economically we bring you three conversations that will at least bring some sense of order to your precious metal investment strategy.
In this video, we discuss the current market conditions and whether or not it is a good time to buy gold. With economic uncertainty looming and the price of gold fluctuating, many investors are wondering if now is the right time to add this precious metal to their portfolio. We analyze various factors such as inflation, interest rates, and global events to determine if gold is a safe investment option. Join us as we explore the intricacies of the gold market and provide valuable insights for potential investors.
Buy Gold Coins
GOLD PRICES ( AM/ PM LBMA FIX– USD, GBP & EUR )
| USD $ AM | USD $ PM | GBP £ AM | GBP £ PM | EUR € AM | EUR € PM | |
|---|---|---|---|---|---|---|
| 10-04-2024 | 2346.85 | 2333.00 | 1848.85 | 1856.83 | 2160.74 | 2170.16 |
| 09-04-2024 | 2364.20 | 2356.10 | 1866.30 | 1855.43 | 2176.25 | 2165.49 |
| 08-04-2024 | 2336.90 | 2320.25 | 1850.59 | 1836.01 | 2158.13 | 2139.04 |
| 05-04-2024 | 2288.45 | 2298.55 | 1811.08 | 1825.28 | 2110.87 | 2128.00 |
| 04-04-2024 | 2292.50 | 2293.50 | 1810.85 | 1809.11 | 2111.16 | 2109.10 |
| 03-04-2024 | 2270.75 | 2280.15 | 1805.02 | 1809.53 | 2108.85 | 2109.82 |
| 02-04-2024 | 2264.55 | 2264.50 | 1801.68 | 1802.54 | 2108.75 | 2103.27 |
| 28-03-2024 | 2207.00 | 2214.35 | 1749.71 | 1752.88 | 2045.67 | 2050.71 |
| 27-03-2024 | 2192.05 | 2192.70 | 1735.45 | 1736.84 | 2024.14 | 2026.93 |
Buy gold coins and bars and store them in the safest vaults in Switzerland, London or Singapore with GoldCore.
Learn why Switzerland remains a safe-haven jurisdiction for owning precious metals. Access Our Most Popular Guide, the Essential Guide to Storing Gold in Switzerland here
Receive Our Award Winning Market Updates In Your Inbox – Sign Up Here
