Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. On an LBMA pm pricing basis gold has dropped $40 from its $1,528.75 auction price of last Wednesday 25th September as sentiment again improved […]
Weekly markets round-up for Coininvest
Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. Gold pushed through $1,500 last week as the tailwinds in the market remained intact, with global slowing and increased expectation of more central bank […]
Customers to pay for gold with Bitcoins from next month
From next month, customers of coininvest.com will be able to pay for their gold and silver with Bitcoins. Based on digital tokens, Bitcoin is a decentralised digital currency that enables instant payment to anyone, anywhere in the world, outside of the traditional banking system. Daniel Marburger, director of Jewellers Trade Services which owns coininvest.com, said: […]
Gold benchmark set for closer scrutiny
The London Bullion Market Association (LBMA) has announced a review will be conducted of its benchmarking procedures to ensure it complies with international regulations. The group of traders which runs the global gold hub in London are set to tighten up procedures so the commodities market can never be rocked by the type of problems […]