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…Continue readingHistorical data for XAU/GBP from 1990.
Author: Alexandre Laurent
Alexandre Laurentl is working in the jewelry and investment gold since 2002. Alexandre graduated from The Normandy School of Business and from the University of Perpignan a Bachelor of economics in 1995.
The popularity of gold is on the rise. Traditionally used as a means of portfolio diversification for equity investors, this precious metal is currently benefiting from the turbulence of American and European banks, following the fall of three American banks and the stock market collapse of Credit Suisse, which…Continue readingGold, a safe haven in times of crisis: why its price is rising?
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Gold Sovereigns.
The sovereign was unique among coins in that it had no denomination, or currency value printed on the coin. Its value was tied to the pound Sterling, which was tied to the gold standard of £3/17s/10 1/2d for a standard ounce of gold. It contained one pound’s (£1) worth…Continue readingGold Sovereigns.
The Royal Proclamation authorizing Edward’s coinage was not made until 10 December 1901 meaning that the new coinage was not introduced until 1902. All King Edward’s sovereigns carry St George and the date on the reverse, with the mintmark (if applicable) on the bottom of the exergue line above…Continue readingKing Edward VII Gold Sovereigns, 1902-1910.
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…Continue readingBanking Crisis Boosts Gold Prices as Bond Yields Plummet.
As artificial intelligence (AI) tools continue to become more advanced, there’s been a growing interest in the potential of these systems to offer investment advice. However, experts warn that while AI models like ChatGPT can provide general financial advice, they are not trained to develop sustainable, profitable investment strategies.…Continue readingCan ChatGPT Provide Good Financial Advice? Experts Say No.