Gold Monitoring Thread £ GBP only

[AurumArgenti]

Gareth is very bullish on Gold. 

 

 

[AuricGoldfinger]

@Roy I thought it was something like £1570/£1580 but can’t remember why i think that

[modofantasma]

3 minutes ago, AuricGoldfinger said:

@Roy I thought it was something like £1570/£1580 but can’t remember why i think that

Correct. From BBP 'all time'

Alltime high £1,574.37

 

[katyc]

51 minutes ago, AurumArgenti said:

Gareth is very bullish on Gold. 

 

 

I watched this last night and got excited 😆

The Gold chat is 18 mins in for those who don't want to watch it all.

[apachebleu]

14 minutes ago, modofantasma said:

Correct. From BBP 'all time'

Alltime high £1,574.37

 

 Anyone fancy we're going to breach it?

[AuricGoldfinger]

I think this year will see a new ATH in ££. Personally i think the ATH needs to be broken in $$ for us to really be on our way. Especially with the weaker ££

[codenamedtango]

2 minutes ago, apachebleu said:

 Anyone fancy we're going to breach it?

I think we will. Maybe only briefly though.

[modofantasma]

Gold spot in £ terms says more of the GBPUSD exchange rate.

We're 2% off in £ terms which could be pipped out in a single trading day 

[Paul]

15 minutes ago, modofantasma said:

Gold spot in £ terms says more of the GBPUSD exchange rate.

We're 2% off in £ terms which could be pipped out in a single trading day 

To da'moon !!! 

[ZRPMs]

6 minutes ago, modofantasma said:

Gold spot in £ terms says more of the GBPUSD exchange rate.

We're 2% off in £ terms which could be pipped out in a single trading day 

I did find it strange after the Truss and Kwasi fiasco That the Americans were saying " golds dropping, come on guys, back your trucks up, fill your boots" Whilst for us here in the UK it was overall level but had a few small increases. I suppose it's instances such as these that remind us of the impact the currency exchange has on things.

[MrStacker]

I reckon it will go higher and break the record again later this year. Both in $ and £.

I always like the kitco news discussions on their YouTube channel 🙂

[Stacktastic]

Should be a decent pull back soon - same with equities - maybe next week.  

[Roy]

7 hours ago, AuricGoldfinger said:

@Roy I thought it was something like £1570/£1580 but can’t remember why i think that

Whoops! My mistake...too much pop 🍻

@ChardsCoinandBullionDealer have a much easier to read article. I can cancel my Specsavers' appointment now 😋

https://www.chards.co.uk/blog/record-gold-price-and-all-time-price-highs/612

Edited January 7, 2023 by Roy

[codenamedtango]

4 hours ago, Stacktastic said:

Should be a decent pull back soon - same with equities - maybe next week.  

Trying to save some Fiat for it. 🫣

[dicker]

Thoughts on where Gold is headed this week?  

[codenamedtango]

9 minutes ago, dicker said:

Thoughts on where Gold is headed this week?  

No science behind this AT ALL, but I’m going to say we’ll finish the week on a sideways movement.

[lst65]

12 minutes ago, dicker said:

Thoughts on where Gold is headed this week?  

It’ll be sunny tomorrow, rain on Tuesday, sunny Weds, rain on Thursday and the rest of the week unsettled…. 

[Orpster]

21 minutes ago, dicker said:

Thoughts on where Gold is headed this week?  

Mostly Northern Ireland like usual eh @James32

[Leonmarsh]

30 minutes ago, dicker said:

Thoughts on where Gold is headed this week?  

Hoping for a big smackdown 

[AndrewSL76]

29 minutes ago, dicker said:

Thoughts on where Gold is headed this week?  

I feel positive. Not like me, but there you go. I bought a fair bit in December so my ‘feels’ are probably best noted as ‘hopes’. Saying that, I heard on the grapevine that the ongoing instability over whether the PM sees an NHS GP or a Private GP is likely to cause no impact.

So as we all were. Hoping for a dip when we have pounds to spare and praying for a rise when we think about our retirement. Either way, I think next week the price will be higher than it was in 1985. Let’s just hope Gordon Brown doesn’t sell anymore. 

Interestingly, had he not sold all that gold, we would have called him Hordin’, not Gordon. Or is that just me?

2 minutes ago, Leonmarsh said:

Hoping for a big smackdown 

May all your diamonds be fugazi’s……

[codenamedtango]

Is it just me, there’s a disconnect between the spot price at the top left of the site, compared to the chart?

[James32]

3 minutes ago, codenamedtango said:

Is it just me, there’s a disconnect between the spot price at the top left of the site, compared to the chart?

17 pence by my counting

[AndrewSL76]

1 minute ago, James32 said:

17 pence by my counting

Plus or minus. Makes a difference when you’re in my shoes……though they are a fetching pair of brogues.

[James32]

1 minute ago, AndrewSL76 said:

Plus or minus. Makes a difference when you’re in my shoes……though they are a fetching pair of brogues.

TSF price is higher, hopefully a good omen for the week ahead. 

[Leonmarsh]

22 minutes ago, Leonmarsh said:

Hoping for a big smackdown 

If it smacks down in march like last year I will be back buying