Gold Monitoring Thread £ GBP only

[KRO]

3 minutes ago, katyc said:

2:30pm Eastern Time

This is footage of me last time he spoke:

 

3 minutes ago, James32 said:

 

Ohhh hellllllo

watch out the gold bars in his pocket are inflating again😀

[davejones]

Up to lure people in and then massive sell off to £1880

[James32]

1 minute ago, davejones said:

Up to lure people in and then massive sell off to £1880

It's like you read my mind and disclosed my plans for the day 😆 🤣 

[Zhorro]

48 minutes ago, davejones said:

Up to lure people in and then massive sell off to £1880

Nooooo...

We had the sell off yesterday, and now people are piling back in on the assumption that Powell's speech will be positive for gold.

[BLOOMMAN101]

 

OOOPS

Edited August 23 by BLOOMMAN101

[BLOOMMAN101]

USD

 

GBP

[Chronos]

Fed's Powell says 'time has come' to begin cutting interest rates:

https://finance.yahoo.com/news/feds-powell-says-time-has-come-to-begin-cutting-interest-rates-140020314.html

[Zhorro]

"Powell Pivot Is Complete": Gold, Stocks, Bitcoin, & Bonds Surge As Fed Chair Says "Time Has Come For Policy To Adjust"

"Powell Pivot Is Complete": Gold, Stocks, Bitcoin, & Bonds Surge As Fed Chair Says "Time Has Come For Policy To Adjust" | ZeroHedge

 

[Bratnia]

20 minutes ago, Zhorro said:

"Powell Pivot Is Complete": Gold, Stocks, Bitcoin, & Bonds Surge As Fed Chair Says "Time Has Come For Policy To Adjust"

"Powell Pivot Is Complete": Gold, Stocks, Bitcoin, & Bonds Surge As Fed Chair Says "Time Has Come For Policy To Adjust" | ZeroHedge

 

a.k.a. the US Dollar weakens, so gold, stock, bitcoin, bond .... prices all rise in USD terms

[Bratnia]

11 minutes ago, Bratnia said:

a.k.a. the US Dollar weakens, so gold, stock, bitcoin, bond .... prices all rise in USD terms

And as the US Dollar weakens the Pound strengthens

... and gold priced in Pounds does the hokey-cokey

 

[treetop1280]

4 hours ago, MrStacker said:

I reckon it will hover around the 1905 mark and then before close it will be around 1915 just to f with us stackers who may purchase over the weekend. Extra few quids for the dealers. 

@MrStacker , speaking of a extra few £ , ( I see a eBay listing on the horizon “ 26 CAROT PURE GOLD FLAKES , ONLY £10 a gram , 👍

[MrStacker]

Just now, treetop1280 said:

@MrStacker , speaking of a extra few £ , ( I see a eBay listing on the horizon “ 26 CAROT PURE GOLD FLAKES , ONLY £10 a gram , 👍

That is definitely something you would come up with. Fits the ebay model perfectly.

Is that the same stuff salt bae uses on his overpriced gold leaf japanese wagyu beef steaks?

Gold at 1902

 

[flyingveepixie]

1 hour ago, Bratnia said:

a.k.a. the US Dollar weakens, so gold, stock, bitcoin, bond .... prices all rise in USD terms

Not much of a change that I can see. Still looks like it's going down...🤔

 

Edited August 23 by flyingveepixie

[Bratnia]

44 minutes ago, flyingveepixie said:

Not much of a change that I can see. Still looks like it's going down...🤔

 

Application of highly expensive AI ... resulted in a prediction of 'Oh'

 

[Chronos]

The countdown is on: Financial crisis is coming in 2025, 'this is a very dangerous time':

https://www.kitco.com/news/article/2024-08-23/countdown-financial-crisis-coming-2025-very-dangerous-time-edward-dowd

[Gruff]

So just managed to keep above £1900 at the close. I'd have expected it to move more to the upside based on Powell's comments. Perhaps it'll start to move next week

[James32]

57 minutes ago, Gruff said:

So just managed to keep above £1900 at the close. I'd have expected it to move more to the upside based on Powell's comments. Perhaps it'll start to move next week

Seems I called it right..

[Thelonerangershorse]

A broken clock is right twice a day.

[ant1882]

Any predictions for price action on Sunday night? Or will it be Monday night with the bank holiday?

[katyc]

6 minutes ago, ant1882 said:

Any predictions for price action on Sunday night? Or will it be Monday night with the bank holiday?

Bank hol is just UK so markets will open as usual 😊

[flyingveepixie]

23 minutes ago, ant1882 said:

Any predictions for price action on Sunday night? Or will it be Monday night with the bank holiday?

By rights it should be back up a bit, but who knows...

[ant1882]

Just bought my first 1oz gold coin, so it's 100% guaranteed to go down now.

Apologies in advance.

[Chronos]

52 minutes ago, ant1882 said:

Any predictions for price action on Sunday night? Or will it be Monday night with the bank holiday?

Yes.

[HerefordBullyun]

54 minutes ago, katyc said:

Bank hol is just UK so markets will open as usual 😊

London desk cant smash it down...

[HerefordBullyun]

30 minutes ago, ant1882 said:

Just bought my first 1oz gold coin, so it's 100% guaranteed to go down now.

Apologies in advance.

Will you take 365 posted now... ?