09 April 2025

The Sharp Perspective

Gold’s rally has gone from strength to strength

However, the escalation in trade wars could trigger a broad-based sell-off across markets

10 March 2025

The Sharp Perspective

Gold continued to set new highs in February

More factors that tend to influence gold prices have turned bullish, including the US dollar and US treasury yields that have both weakened...

10 February 2025

The Sharp Perspective

Gold sprints out of the gate as 2025 starts, setting fresh record highs on the way

After the strong performance in 2024, that saw gold set fresh record highs, gold has started 2025 in a similar vein, with fresh highs set on January and again in early February.

08 December 2022

LAWRIE WILLIAMS: Chinese Central Bank confirms 32 tonne gold purchase

Media reports indicate that the Chinese Central Bank has reported a surprise increase in its gold reserve in November equivalent to 32 tonnes. Hitherto it has been reticent about reporting gold reserve increases, this being around the first time in 3 years it has reported any such changes

01 December 2022

LAWRIE WILLIAMS: Gold, equities, bitcoin – all open new month on the up.

The combination of a more dovish statement from Fed Chair Jerome Powell and the latest PCE data release drove gold, silver, equities and bitcoin all higher in the U.S. and globally, with gold breaking through the $1,800 barrier at one time.

27 November 2022

LAWRIE WILLIAMS:  Fed minutes boost gold and equities towards end of week

With the Thanksgiving holiday, Black Friday and the World Cup diverting attention away from the markets there was a relatively quiet week with most sectors performing mildly positively, perhaps encouraged by the release of the minutes from the November FOMC meeting which were taken as suggesting the Fed might start reducing its aggressive interest rate impositions as soon as December.

10 November 2022

LAWRIE WILLIAMS: CPI and Midterms boost gold, equities and bitcoin

The U.S. Midterm elections which saw President Biden and the Democrats perform far less badly than anticipated, closely followed by the latest CPI figures which saw inflation come in lower than expected, saw gold, silver, pgms. equities and bitcoin all surge sharply.

29 October 2022

LAWRIE WILLIAMS: Fedwatch predictions see aggressive interest rate approach easing

Latest Fedwatch Tool predictions see the U.S. Federal Reserve easing off in its aggressive approach to raising interest rates at future FOMC meetings, which has given a boost to equity markets, supported by a strong Q3 GDP estimate, although this may not be all that it seems.

29 August 2022

LAWRIE WILLIAMS: Gold far better performer ytd than equities or bitcoin

The gold price may have looked weak in recent weeks, but in comparison with equities and bitcoin it has been doing extremely well. We compare gold's performance year to date with these other two asset classes which both look vulnerable to further sharp falls as we seem to be heading for a global recession.

22 August 2022

LAWRIE WILLIAMS: Russia still coy on its gold reserve position

Another month has passed without Russia making any announcement on any changes to its gold reserve position. The conclusion is that this information is being suppressed because of the ongoing war in Ukraine and that Russia may well be using its gold to help finance this.