Prices for bitcoin, gold and silver soared today following a US government bailout of the depositors of Silicon Valley bank (SVB). At $24,049, bitcoin registered a 15 percent one-day rise. […]
Sanctions imposed on Russia after its invasion of Ukraine have caused London, the world’s major bullion trading market, to shrink. According to the London Bullion Market Association (LBMA), gold held […]
According to UK prime minister Boris Johnson, Britain and its Western allies will increase the economic pressure on Russia by examining whether more can be done to prevent President Vladimir […]
On 28 February the US, EU and UK froze most of the Russian central bank’s $630bn foreign currency reserves, responding to the country’s invasion of Ukraine. In the words of […]
One has been around for three billion years, the other for only twelve. Yet supporters of the upstart—bitcoin—say it can beat gold as a vehicle for long-term savings. In the […]
The slump in the US dollar is beginning to accelerate. The gold price leapt to a new all-time high in early trading on Monday 27 July, with silver and bitcoin […]
A breakdown in the supply chain for deliveries of physical gold is causing a dramatic deterioration in the liquidity of the wholesale gold market. According to Ross Norman, a commentator […]
A few minutes or two days? In dangerous financial times, the time it takes to settle a transaction—exchange cash for goods—is vital. Now gold market participants are using new tech […]
Hardly at all, then at once—the tectonic plates of the global monetary system are shifting. Mark Carney, the outgoing Bank of England governor, yesterday shocked the traditionally staid annual August […]