Category: Gold prices today
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Gold price in Australia today (XAU/AUD)
Gold price from 1980 to 2001. From 1980 to 2001, the gold price was subject to a downward trend. The US Federal Reserve responded to the economic stagnation by limiting the growth of the money supply, which initially led to a worsening of the recession and unemployment, but ultimately contributed to stabilizing the economy and…
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Historical data for XAU/GBP from 1990.
The uncertain economic climate in the UK due to Brexit and other global factors has left many investors searching for a safe haven to protect their wealth. Physical gold has become a popular investment option, as its value tends to rise in times of economic uncertainty. In fact, during the Brexit vote in 2019, the…
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Banking Crisis Boosts Gold Prices as Bond Yields Plummet.
Gold keep rising this morning, with a very high level of transaction. On Wednesday, March 15th, 2023, gold prices surged for the third time in four days, reaching new historic highs for British investors at $1,930 per ounce in London. This comes as the panic surrounding bank values has caused the main state bonds to…