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€66,027 - New week, new all time high for gold!

March 28 2024

Gold reaches another new record: €66,027/ kg (intraday)
Attack in Moscow causes tension between the West and Russia
Did you know that all the above-ground gold in the world fits into a 22-meter cube?... »

Rowen Buis

New record for gold! Thanks to the Fed

March 21 2024

►Gold hits a new record of  €65,431/ kg, driven by FED's interest rate decision.
►Central banks, notably China, aggressively increase gold reserves, underscoring gold's investment appeal
►Retail investment in gold surges, with China leading in consumer demand.... »

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Gold in the spotlight - paving the way for the silver price!

March 14 2024

►Since Feb. 27, the price of silver has increased 10%, from €665 to €735 per kilogram, while the price of gold has increased 6% over the same period.
►Gold is currently 86 times more expensive than silver, measured in the same volume. By comparison, this ratio was 30 in 2011. 
►U.S.... »

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€63.368 - all time high for gold!

March 7 2024

►The price of gold has reached new highs in both euros (€63.368 per kg) and dollars ($2,160 per troy ounce). But what is driving this rise of the goldprice? 
►China's central bank has increased its gold reserves for the 16th month in a row, contributing to the record high gold price.
►Will New York Community Bank customers lose confidence in the bank? If so, a possible bank run will cause a domino effect at other regional banks.

... »

Rowen Buis

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