Gold Monitoring Thread £ GBP only

[Dalriada83]

2 minutes ago, James32 said:

Eighteen sixty eight... I guess there's no point in staying up late.

Remember old bean, drink is never the answer - 'drink' is the question, 'YES' is the bloody answer!

[Gruff]

1 minute ago, Dalriada83 said:

Remember old bean, drink is never the answer - 'drink' is the question, 'YES' is the bloody answer!

You're right, drink is not the answer, it's the solution!  

[pricha]

2 hours ago, Bratnia said:

Bought £80K worth of gold at around 2:30pm this afternoon, waltzed off, heard about the GE call on the car radio around a hour later and thought that would be good for gold ... only to see now that the £80K gold value is down by around £750. Swings and roundabouts. Often seems that way - prices drop after you buy, rise after you sell, but a few years down the line is forgotten, all averages out.

I feel your pain. I purchased a half sovereign at about the same time 

 

😆 🤣 😂 

[Dalriada83]

I have just consulted my crystal balls and have divined that by July, a surprise election result has produced a coalition of Labour, Reform, Plaid Cymru and Hamas. The introduction of a 95% base tax rate has caused everyone to quit their job and sign on the rock and roll with mental health issues. With the resulting collapse of the Pound the government applied to join the Euro, got rejected and made a deal with India to adopt the Rupee in return for exclusive rights to UK borders. This in turn pissed the Irish off to such an extent that they returned to the UK en-masse and started digging up the canals, the railways and whatever other Victorian infrastructure they could lay claim to. Scotland declared independence but nobody noticed as Orkney and Shetland followed suit and applied to join Norway (jury's still out) with oil as an inducement. Food inflation has hit 2000%, the NHS is on fire literally as the sudden influx of nutters caused the staff and patients alike to start chain smoking - it was inevitable that such an oxygen rich environment would lend itself to disaster. The price of Gold has done remarkably well because no will admit to owning any to HM Govt inspectors causing a shortage on paper of biblical proportions and Silver has come into it's own - people discovered that a tube of Britannias in a sock was an effective defence strategy against any n'er-do-wells trying to steal their bean stack. And that concludes this evenings rant. 

[Dalriada83]

PS Gold @2000.00 by 15/07/202?

[Spyder]

35 minutes ago, pricha said:

I feel your pain. I purchased a half sovereign at about the same time 

 

😆 🤣 😂 

Me as well. I am already £2 down and feel robbed 🤣

[Chronos]

'Hawkish' FOMC Minutes Show 'Various' Members Willing To Tighten More, Fear Financial Conditions 'Too Easy':

https://www.zerohedge.com/markets/fomc-16

[DisplayName]

4 minutes ago, Dalriada83 said:

PS Gold @2000.00 by 15/07/202?

Do not redeem at 2000!! Wait until after the pound-rupee conversion. Why? Prices for 1oz gold are 207000 rupees, which is considerably higher than 2000!

A 1 rupee coin is about 3.75 grams, which would make 1oz of gold worth about 776.25kg of rupees or 24.957 troy ounces of rupee-ness.

I predict that a 1:25.000 gold:rupee rate per oz is definitely is in the cards this summer already.

Do with this information what you will.

[Dankanugget]

2 hours ago, BLOOMMAN101 said:

Nasty

[Brit2023]

4 hours ago, Bratnia said:

Bought £80K worth of gold at around 2:30pm this afternoon, waltzed off, heard about the GE call on the car radio around a hour later and thought that would be good for gold ... only to see now that the £80K gold value is down by around £750. Swings and roundabouts. Often seems that way - prices drop after you buy, rise after you sell, but a few years down the line is forgotten, all averages out.

Is that more than tree-branches 1/50oz?

[Bratnia]

3 minutes ago, Brit2023 said:

Is that more than tree-branches 1/50oz?

Looked up your question on confused.com but I'm still confused!

[Bratnia]

1 hour ago, pricha said:

I feel your pain. I purchased a half sovereign at about the same time 

 

😆 🤣 😂 

Ouch! In percentage terms you've suffered more than my -0.2825% loss (VMIG/SGLN/cash three way 14:25pm purchase).

[bobski]

£1,873.40

Live Change

0.04% £+0.65

Live high £1,873.44

 

Live low £1,872.62

[modofantasma]

£1860 .... If it can drop another £400 ready for the Tudor Beast dragon coming out that would be ideal 

£1859

[bobski]

3 minutes ago, modofantasma said:

£1860 .... If it can drop another £400 ready for the Tudor Beast dragon coming out that would be ideal 

£1859

If it does, I'll buy one too!

Live Gold Price

Au

Current Price

£1,862.09

Live Change

-0.01% £-0.14

Live high £1,862.97

 

Live low £1,861.75

[modofantasma]

Just now, bobski said:

If it does, I'll buy one too!

🤣 

The TSF price at the top of the page often seems a £ or 2 lower than yours

[bobski]

2 minutes ago, modofantasma said:

🤣

The TSF price at the top of the page often seems a £ or 2 lower than yours

Because TSF is weak, and I am strong

 

Live Gold Price Chart | BullionByPost

Set to 'LIVE' period

[modofantasma]

Yeah BBP chart is good. If I'm watching the price it's usually in USD

[bobski]

3 minutes ago, modofantasma said:

Yeah BBP chart is good. If I'm watching the price it's usually in USD

You have all of the options with BBP. Everything apart from spot price of a sovereign. I use chards for that, because it saves me picking up a calculator 🤣

 

Live Gold Price Chart | Price of gold 24 hrs a day | Chards

[bobski]

Current Price

£1,864.30

Live Change

-0.01% £-0.19

Live high £1,864.61

 

Live low £1,863.67

[bobski]

Current Price

£1,862.65

Live Change

-0.10% £-1.75

Live high £1,864.56

 

Live low £1,862.51

[bobski]

Live Gold Price

Au

Current Price

£1,853.80

Live Change

-0.32% £-5.96

Live high £1,860.18

 

Live low £1,853.56

[bobski]

Current Price

£1,858.01

Live Change

0.08% £+1.35

Live high £1,858.05

 

Live low £1,856.45

[Petra]

£1856.98🤔 don’t suppose anyone is rushing to sell some nice (cheaper) gold🤔😁🤷🏼‍♂️

[9x883]

4 hours ago, modofantasma said:

Yeah BBP chart is good. If I'm watching the price it's usually in USD

freak!