Analysts point to delays in the reporting of economic data due to the US government shutdown as one reason for the rise.

Gold does not produce income but it holds value over long periods of time without depending upon any government to manage it.

President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it. All existing slots at the Bank ...

Gold exchange-traded funds (ETFs) added 146 tonnes of the precious metal last month, according to World Gold Council (WGC) ...

Gold is being flown from London to New York in unusually high volumes. Gold held in the UK's central bank has been trading at a discount due to tariff fears. The metal has been trading at record highs ...

Kenya is currently engaged in negotiations with the Bank of England (BOE) to diversify its foreign reserves by incorporating ...

Others in the region including Zambia and Ghana are already building reserves, while Rwanda and Uganda plan to follow suit.

In its latest update on the state of the financial system, the Bank adds its voice to concerns about US issues that will have ...

London is in the grips of a gold shortage as traders line up for weeks to get bars out of the Bank of England and ship them to the U.S. amid fears that the new Trump administration will levy tariffs ...

Nigeria and Kenya have emulated Ghana and have now joined the growing trend of African central banks moving to buy gold to ...

The Bank of England has warned of the risk of an AI-bubble, after it assessed some company values in the sector as "stretched". In a report out today, officials at the bank’s Financial Policy ...