Birmingham Gold Co - Sell Gold & Silver Blog

Gold Rises Again After Recent Falls 12/09/2019 - A Great Time To sell Your Gold?

Gold fell recently mainly due to the promise of resumption of US-China trade talks and  the  easing of fears over a no-deal Brexit. The Gold price is now on the rise again ahead of a European Central bank meeting and in our opinion looks set to rise further. Gold is now trading at £1217 an ounce. Silver fell too recently and is now c...
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Gold Price Falls - Brexit & Hong Kong - 05/09/2019

Gold fell from an all-time high yesterday of £1266 an ounce to £1253 an ounce overnight due to a decreasing risk of a no-deal Brexit in the UK and the easing of tensions in Hong Kong. Hong Kong leader Carrie Lam, in a pre-recorded televised message, on Wednesday formally withdrew the bill, acceding to one of the five demands by pro-democracy p...
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Gold Price Falls - The End of The Gold Rush? Sell Now? 04/09/2019

The Gold Price dropped overnight from around £1279 an ounce to £1260 as traders took profits by selling off Gold. Does this mark the beginning of the end of the 2019 Gold rush?  We don't think so especially given global fears of a world-wide recession as well as worries over US-China trade relationships and of course Brexit  To add t...
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Gold Rises Again on News of Further US-China Trade Hostilities 02/09/2019 - A Great Time To Sell Your Gold

The Gold price rose to £1263 an ounce thanks to the continuing US-China Trade War. New US tariffs of 15% were imposed by Washington on a range of Chinese goods including footwear, smart watches and flat-panel televisions, and at the same time  Beijing began imposing new duties on U.S. crude oil. A firmer dollar limited Gold's gains, ...
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Gold Price Bounces back After Brief Dip - 15/08/2019

Looking like a great time to sell your gold jewellery and scrap! Yesterday thanks to some short-lived  optimism about  the US - China trade war being resolved Gold fell, but bounced back again  as US bond markets warned of a recession. Also  U.S. officials said China has made no trade concessions after U.S. P...
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Why Did The Gold Price Fall Back? Sell Now? 14/08/2019

So why did Gold drop back? Well, the US and China agreed yesterday PM to continue their trade talks. Gold fell back 2% to £1242 whilst Silver fell 0.6% to £14.01 an ounce. Palladium  gained 2% The United States said it would delay tariffs on some Chinese products and  both sides agreed to continue trade talks. As we have po...
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Gold Hits Yet Another High - Sell Now? - 13/08/2019

Gold hit a new high overnight, much as we have been predicting, due to several economic factors. Besides the concern around Hong Kong, and of course the weakening pound due to Brexit, there has been a slump in Argentina's markets and the ongoing US and China trade war has dented the appetite for risk, globally. Argentina's stock market slumped by 3...
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Gold Price Hits Another High This Week! Sell Now? 07/08/2019

The price of Gold hits yet another high this week, making it a great time to sell your unwanted gold jewellery and scrap. Gold rose another 1% as the trade war between the US and China shows no sign of calming dfown, encouraging investors to put their funds into the safe haven of Gold. The Gold price at Wednesday AM was £1220 for an ounce of pure.&...
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Gold Price Rises to UK High - Sell Gold Jewellery & Scrap Gold Now? - 05/08/2019

We have said it many times before but global trade worries really do affect the price of Gold, particularly the current US / China Trade impasse which saw Gold reach a record high here in the UK compounded by the weakness of sterling. Gold rose to £1202 per ounce, a sfae haven (hedge) in times of global economic turbulence.  On ...
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Gold price Leaps on news of US New Tariffs Against China - A Great Time To Sell Gold - 02/08/2019

Well, we've been saying it over and over again these past few weeks, that one of the key current factors affecting the price of Gold was the trade war between the US and China. Gold rose nearly 2% when Donald trump says that the US WILL impose new tariffs on Chinese imports after weeks of on and off unsuccessful talks. This breakdown in relations a...
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 To sell Gold,  Silver, Platinum etc to us, first read our sell gold / silver guide then use our Calculator and finally  either Call In to our Counter Service,  OR Post Your Items To us Via Special Delivery Post.  You can also call us on 0121 448 0488 OR use our General Enquiry Form 

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