Spot silver (XAG/USD) surged by over 5.5% from session lows of $48.96 to trade around $52.30–$53/oz. Preliminary election results pointed to a Democratic sweep of Congress aimed at countering President Donald Trump’s policy agenda. This sparked a sharp decline in the…
Gold made a sharp turn upward on Wednesday, climbing roughly 3% and reclaiming the $4,000 per ounce level after a recent sharp selloff. Political uncertainty after the U.S. midterm elections was the primary trigger. Democrats secured control of both the House and the…
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second consecutive day and reaching its monthly low of 101.20 during Asian hours on Thursday. The Greenback…
The AUD/USD pair attracts some buyers for the second straight day on Thursday as a Democratic sweep in US midterm elections and sliding US bond yields drag the US Dollar (USD) to a fresh low since late September.
Gold (XAU/USD) gains strong follow-through positive traction following the previous day's rally of over 3.5% – its biggest daily gain since mid-August – and surges past the $4,100 mark, hitting a two-week top during the Asian session on Thursday. The US Dollar (USD) hangs…
Silver price (XAG/USD) gains ground for the second successive day, trading around $53.10 per troy ounce during the Asian hours on Thursday. Silver prices climbed as Democratic victories in the US midterm elections raised hopes for an end to the…
NS&I have increased the rate on their Green Savings Bonds to 4.73% for a three-year fixed term. The bonds, which help finance green projects across the UK, were launched in 2021. There is a minimum investment of £100 and a maximum limit…
Plans to reduce the cash ISA allowance from £20,000 to £12,000 a year have been scrapped by the Chancellor John Healey in today’s Budget. The changes, introduced by his predecessor, Rachel Reeves, aimed to encourage more investment in stocks and shares ISAs,…
The Chancellor John Healey delivered his first budget offering support on energy bills and unveiling details of new first-time buyer support schemes. Branded as the ‘Breathing Space’ budget the aim was to bring bills down for households and it came…
Santander has relaunched its £240 switching offer for new and existing customers who move their money to its Everyday Current Account. Banking customers must deposit at least £1,500, set up at least two direct debits and pay at least £200 into Santander’s Regular…
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