13 h. ago Gold hits record high and dollar weakens on Fed independence worries

Wall Street futures also fall after US prosecutors launch criminal investigation into chair Jay Powell

Events

15 h. ago Gold tipped to hit record $5,000 as probe into US Fed chief sends shockwaves through financial markets

Gold raced to a fresh record high and the dollar fell as a criminal investigation into the head of the US Federal Reserve fuelled fears over the central bank's independence.

Economics

17 h. ago FTSE 100 Live 12 January: Gold hits new record, Barclays shares under pressure

Geopolitics and questions over US Federal Reserve independence today drove gold to yet another record price.

Events

2 w. ago Gold, silver and platinum hit record highs as investors look for Santa rally; oil climbs amid Venezuela blockage – business live

Rolling coverage of the latest economic and financial newsIs the Christmas shopping period more of a whimper than a bang for Britain’s retailers this year?Shopper traffic yesterday remained “stubbornly muted”, according to the latest footfall data from Sensormatic Solutions, which shows that visits were 13.1% lower than a year ago.“After an unsettled start to the festive period - defined by shaky consumer confidence and spending hesitancy – retailers will be left feeling frustrated that footfall remains stubbornly muted, after many were pinning their hopes on a surge in store traffic yesterday.”“With consumers leaving purchases right up to the wire, some retailers have released Boxing Day deals early to try and unlock that, so far, elusive consumer spending.”“What we’ve seen over the past week is a combination of position squaring in thin markets, after last week’s breakdown failed to gain traction, coupled with heightened geopolitical tensions, including the US blockade on Venezuel...

Economics

3 w. ago Cost of Gordon Brown's gold sale 25 years ago spirals to nearly £40BILLION as bullion price hits record high

The price of gold has soared to a new high - meaning the cost of Gordon Brown's decision to sell the nation's holdings on the cheap 25 years ago has ballooned to almost £40billion.

Economics

3 w. ago FTSE 100 Live 22 December: GDP slowdown confirmed, gold price hits new record

The UK economy is heading into 2026 with little momentum after figures showed GDP growth of just 0.1% in the third quarter.

Economics