Gold Monitoring Thread £ GBP only

[silversky]

1 minute ago, Sovhead said:

New ATH

£1870.51 and rising.

Playing with the edge of the range.  But will it break up decisively?  Or is this it???  

[9x883]

1 minute ago, silversky said:

Playing with the edge of the range.  But will it break up decisively?  Or is this it???  

upupupupup📈📈📈⬆️⬆️⬆️⬆️⬆️💥💥💥💥💪💪💪💪💪

[JohnV66]

Sterling is total toilet paper. Dropping like a rock along with the Euro.

 

[silversky]

5 minutes ago, 9x883 said:

upupupupup📈📈📈⬆️⬆️⬆️⬆️⬆️💥💥💥💥💪💪💪💪💪

Vote U added.  But only the one I'm afraid

[katyc]

1 gram of gold has officially hit £60 spot price

[Go65]

[PapaLazarou]

8 minutes ago, JohnV66 said:

Sterling is total toilet paper

All fiat toilet paper now officially in a race to the bottom.

 

[apachebleu]

 Royal mint site is a whisker off 2 grand for a single brittania and 475 a soverign. Psychologicaly for me seeing 2 grand an ounce breached there will be quite something. 

 

[silversky]

New ATH at 1871.61, but now hammering back down to find a floor.  An exciting day today...  But what will the end of the week bring?

[BLOOMMAN101]

18 minutes ago, Go65 said:

Sell the news buy the next rumour

[Goldfever20]

Fed need to cut and fast. And a rate cut traditionally signals double digit gains for gold. 
 

 

[KitchenCollector]

20 minutes ago, apachebleu said:

 Royal mint site is a whisker off 2 grand for a single brittania and 475 a soverign. Psychologicaly for me seeing 2 grand an ounce breached there will be quite something. 

 

TBF, the prices Royal Mint ask, I'm surprised they haven't reached £2k much earlier

[9x883]

22 minutes ago, silversky said:

New ATH at 1871.61, but now hammering back down to find a floor.  An exciting day today...  But what will the end of the week bring?

Hammering down you say? 🧐 £1863

[Sovhead]

Very volatile today drops like a stone and then rises just as fast…strange stuff.

[dicker]

Given the hot CPI numbers I would usually say gold would be down.  It is in USD but Sterling means we are at 1865

[HerefordBullyun]

Wake me up when 50k an oz and only members of the NBS are here and the rest of the society has collapsed...

 

[HerefordBullyun]

4 minutes ago, Sovhead said:

Very volatile today drops like a stone and then rises just as fast…strange stuff.

They can hammer down the inevitable all they want inflation and money printing doesn't lie...

[Paul]

I can be as volatile as it likes as long as trend is always upwards it's fine 

[dicker]

I think there is a good chance of a significant pull back soon.  Remember 2008 when gold dropped around circa 25pct?   Could the same happen here before heading much higher?

 

[Sovhead]

1 minute ago, dicker said:

I think there is a good chance of a significant pull back soon.  Remember 2008 when gold dropped around circa 25pct?   Could the same happen here before heading much higher?

 

Nope

[Upsidedown]

10 minutes ago, HerefordBullyun said:

Wake me up when 50k an oz and only members of the NBS are here and the rest of the society has collapsed...

 

Will do mate, we are almost there. It'll just be a nap

[James32]

2 minutes ago, dicker said:

I think there is a good chance of a significant pull back soon.  Remember 2008 when gold dropped around circa 25pct?   Could the same happen here before heading much higher?

 

Reported!

[Go65]

1 hour ago, JohnV66 said:

Sterling is total toilet paper. Dropping like a rock along with the Euro.

 

 Doesn’t happen often. 

Edited April 10 by Go65

[theman73]

2 minutes ago, Go65 said:

Gold is up in GBP but down in USD today.

[Gruff]

2 hours ago, PapaLazarou said:

When the incoming puppet Gavin Newsom is shoehorned into the White House, will he be allowed to blame Biden and dementia?

No, it'll still be blamed on Orange man bad mmmkay!