The pound was flat against the dollar on Thursday morning, trading at $1.2449, as investors weighed central bank policy ...

London is facing a gold shortage after traders pulled out billions in bullion from the vaults of the Bank of England and ...

As a result, gold is seen to some as a safe haven and, in theory, increased demand results in a rise in price. Over the last 20 years, annual inflation has averaged 3% in the UK, according to the ...

Commissions do not affect our editors' opinions or evaluations. The price of gold today, as of 9:12 am ET, was $2,805.26 per ounce. That’s up 0.42% from yesterday’s gold price of $2,793.54.

London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...

In Pictures via Getty Images The report, quoting people familiar with the matter, added that the apparent rush to pull gold out from the UK had left ... Gold prices have risen 5% since the start ...

A surge in gold shipments to the US has led to a shortage of bullion in London, as traders amass an $82bn stockpile in New York over fears of Trump administration tariffs.

Sterling was muted against the euro (GBPEUR=X), at €1.1826. Gold prices surged to over a two-month high on Tuesday before correcting after Trump's first day in office. The spot price of gold was muted ...

In fact, gold is typically viewed as a safe-haven asset and inflation hedge. As of January 31, 2025, the price of gold is $2,810.51 per ounce, according to American Hartford Gold. While that ...