1.0UKBullion Bloghttps://www.ukbullion.com/blogrich600338<blockquote class="wp-embedded-content" data-secret="SomYjIF3JN"><a href="https://www.ukbullion.com/blog/global-industry-slows-and-gold-recovers/">Global Industry Slows And Gold Recovers</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.ukbullion.com/blog/global-industry-slows-and-gold-recovers/embed/#?secret=SomYjIF3JN" width="600" height="338" title="“Global Industry Slows And Gold Recovers” — UKBullion Blog" data-secret="SomYjIF3JN" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=new RegExp("^https?:$","i"),l=0;l<n.length;l++)n[l].style.display="none";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=d.createElement("a"),a=d.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> https://www.ukbullion.com/blog/wp-content/uploads/2021/08/screenshot-2021-08-17-at-17.01.19.png1298492The price of gold increased yesterday, following massive selloffs on key worldwide stock markets. As Chinese manufacturing output slowed, it indicated that the country’s economic recovery may be faltering. Yesterday, gold reached £1,290.14 per ounce (up 0.6%) and has continued to rise this morning, passing the £1,300 per ounce mark to reach a high of £1,302.46, a 4% rise for the past week. China’s industrial production was up by an impressive 6.4%, which most countries would welcome, but the potential target was 7.8% growth following 8.3% growth in June. Now, because of this, Deutsche Bank now expects only 5.5% and 4.5% growth in the third and fourth quarters, respectively, significantly reduced forecasts. Yesterday, the FTSE 100 fell 0.9% and Brent crude was down 1.6%. Also, FTSE began down 0.25% today, with Germany’s Dax falling 0.3%, France’s CAC falling 0.4%, Spain’s..