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Live Metal Prices
Learn more about the gold and silver markets with Chards. You will find quarterly price reviews and commentary on politco-economical factors responsible for price swings....
It has been well reported that the Chinese economy has been sluggish and experiencing a slowdown as we entered 2019.
Recent minutes from the FED indicate that future policy should not to be assumed linear and that dovish or hawkish shifts are both still on the table.
Any downturn in the global economy is likely to be made worse by high levels of corporate debt.
Mario Draghi of the ECB recently announced a round of fresh low interest loans to banks in the EU but there has been very limited take up.
Russia has applied a ban on palladium exports between May until November adding to the existing supply issues of the precious metal.
On 22nd March the this spread inverted for the first time to minus 1 basis point which could indicate a looming recession timed nicely to the halt of further FED interest ra
“One of last year’s best-performing hedge funds says the “trade of the century” is to buy gold and sell stocks as risk assets are due for another meltdown. “
UK Inflation Rises to 1.9% up from 1.8% in January and above expectations which were set at a steady 1.8%.
The BoE and FED keep interest rates at 0.75 and 2.25% respectively.....
Following the announcement by Theresa May to put no-deal to a vote in Parliament the pound rallied to a 9-month high of just over $1.33 .....
The recent injection of cheap loans by the European Central Bank has pushed the dollar to a 21 month high.
Growth in Q4 2018 contracted by 2.4% and in Q3 2018 by 1.6% creating an economic landscape not seen since 2008 and the first recession in a decade for Ergdogan
US Corporate debt has swollen by 260% from June 2007.....
China added 32 tonnes to its holdings, continuing the buying streak by central banks.
Barrick currently have a $18 billion all stock offer for Newmont on the table which would combine two of the worlds largest gold mining companies.
Investors are feeling optimism that no-deal could be voted off the table leading to the biggest sell off for UK bonds since September 2017.
Confirmed slowdown in trade came as China released its export data proving a 21% drop in exports and a 5.1% decrease in imports.
The European Central Bank announces a fresh round of stimulus packages which essentially amounts to giving cash stripped EU governments extra liquidity...
Germany and Italy come under attack from the recent downgrade in economic activity announced by the OECD
Gold is currently trading under £1000 per ounce but how long will this last for.....we discuss why geo-political events might change this.
Experts and critics claimed Palladium was already in a bubble when its price was still below $1000 per ounce.....now its over $1400
Gold continues to roar upwards hitting a recent high of £1032.89 up some 8.25% over the past 6 months and $1346.70 which is the highest level since April 2018
The IMF steps in to help Ecuador and its struggling economy....
Will Italy follow the UK and sell central bank gold in the name of public spending?
The Dollar index (DXY), which is an index of the USD against a weighted number of other currencies, reached a 2019 high, peaking at 97.13 on 13th February.
Round 2 of the Sino–American trade talks begin and markets respond positively to what has been a long drawn out process
To kick off the week the UK missed December’s GDP forecasts pushing the pound weaker to $1.2860 (0.7%).
There is a potential for a run on gold in 2019 as institutional investors have been piling in for months via physical and ETF purchases....
The federal reserve keeps rates at 2.5% and the BofE keeps our current rate at 0.75%.....
Brexit and the ongoing political fall out has a direct effect on sterling and business confidence. Gold price often responds accordingly......
Chard (1964) Ltd32-36 HarrowsideBlackpool FY4 1RJ
SatNav Postcode: FY4 1LY
Tel: 01253 343081
Company No: 1378220VAT No: GB 157 0712 74
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