Articles from March 2018
Would You Buy Bread with Gold?
Article Last Updated: Thursday, March 22, 2018
It’s been over 80 years since the UK abandoned the gold standard. For a century before that, the system decreed that a pound of British currency would be worth a distinct weight and purity of gold. After 1931, however, gold was no longer used in circulating currency, and has since then been used for...
Read moreAkshaya Tritiya and the Gold Price
Article Last Updated: Wednesday, March 14, 2018
Akshaya Tritiya is a particularly important day in the Hindu religion. This year, it will be celebrated on 18th April, just a few short weeks after the Western Easter celebrations. As is the case with Diwali and almost all other Hindu celebrations, gold will be a very important part of the festiviti...
Read moreWhat Happened to the Gold Price in February?
Article Last Updated: Wednesday, March 7, 2018
Over the course of February, the gold price continued to mark low volatility, with a small upturn in value. After opening at the beginning the month at £944.44, the commodity experienced mild fluctuations, before opening on the final day of the month at £954.01. Overall, the price rose by 1.01 per c...
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