Tag: pound sterling

  • Growing political uncertainty to make pound even weaker still

    Growing political uncertainty to make pound even weaker still

    Expect the pound to fall even further and more radically next week should Liz Truss be named UK Prime Minister as is expected, warns the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The warning from Nigel Green of deVere Group, which has more than $12bn under advisement,…

  • Gold Hits Sterling Record

    [box]April saw the price of gold hit a Sterling and Euro record. While the GBP754 (or 865 Euros) per troy ounce stat still remains 5% below the all time US dollar record, this was nonetheless excellent news for the British investors.[/box] Compare the GBP754/ounce price tag with the price of GBP562 per ounce, as gold…