Lawrence (Lawrie) Williams is a well known London-based writer and commentator on financial and political subjects, but specialising in precious metals news and commentary. He is a qualified and experienced mining engineer having graduated in mining engineering from The Royal School of Mines, a constituent college of Imperial College, London - recently described as the World’s No. 2 University (after MIT).
22 Jan 2019 - Equities have picked up in the past couple of weeks after heavy falls in Q4 2018 and gold has weakened, but this pattern may not persist. Many analysts are predicting $1,400 plus this year and there's even a $10,,000 forecast out there.
19 Jan 2019 - While the December figure for additions to the Russian central bank's gold reserves was, at 9.33 tonnes, one of the lowest monthly figures this year no too much should be read into this as was the same amount as added in December a year ago.
17 Jan 2019 - The gold price seems ever firmer hitting the $1,290 to $1,300 range on a daily basis. We see it as only a matter of time before the latter level is breached and the gold price marches on to higher levels.
15 Jan 2019 - In what would be the gold mining sector's biggest ever merger, current World No. 2 gold miner, Newmont,plans to acquire world No. 4, Goldcorp in an agreed US$ 10 billion merger during the current year..
13 Jan 2019 - While December 2018 SGE gold withdrawals were marginally down on the 2017 figure for the same month, full year figures were slightly up on those for the ;prior two years
10 Jan 2019 - China has for the first time in 26 months announced an increase in its gold reserves but could this just be a cynical attempt to try and confirm that the zero monthly increases it has been reporting are accurate.
06 Jan 2019 - Hong Kong and India were the two leading importers of Swiss gold in November as the country's gold exports exceeded imports by 46 tonnes.
02 Jan 2019 - Last year my precious metals price predictions for the year proved to be on the inaccurate side but herewith my predictions for 2019 - all positive. In fact although god came down in price in 2018 it ended up outperforming equities which suffered...
28 Dec 2018 - Gold and silver prices have turned positive despite some enormous swings in U.S. equities which are perhaps too great to be fully believable as being due to normal trading activity.
23 Dec 2018 - The better gold price, coupled with the big downturn in general equities, has meant that over the year to date gold has outperformed stocks quite significantly even in the USA - and even more so in most other countries..
21 Dec 2018 - Russia has continued to increase its gold reserves substantially with a 37.3 tonne rise in November making a rise of over 260 tonnes already this year
20 Dec 2018 - Gold has had a seesaw couple of days around the latest FOMC pronouncements, while equities have dived yet again.
19 Dec 2018 - Every time the gold price breaches $1,250, albeit marginally, it has been smartly brought down again. But this pattern may not survive the outcome of today's FOMC decision and accompanying statement.
11 Dec 2018 - The arrest and potential extradition to the U.S. of Huawei's CFO has added another dimension to already uncertain markets and could well trigger increased momentum in the gold price driving it onwards and upwards.
09 Dec 2018 - Gold and equities both had an interesting week with former rising and the latter diving, giving rise to much speculation on the future of the gold price. We look at some of the factors involved and assess where gold may go from here.