Learning Centre
Build a deeper understanding of precious metals with clear, unbiased education. Access practical guides, market commentary, news and insights to help you navigate the market with confidence.
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Goldwise
A gold bar can sit motionless in a London vault while billions of dollars decide what it is worth. Somewhere beneath London, a 12-kilogram gold bar is sitting in a vault. It carries the stamp of an approved refiner and is worth hundreds of thousands of dollars. Somewhere else, a
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Goldwise
What happens when too many claims collide with limited supply. In the early 1900s, travelling theatres would sometimes oversell tickets intentionally. Owners understood a simple truth about human behaviour. Not everybody arrived at the same time. Some cancelled. Some arrived late. Others never showed up at all.
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Goldwise
From hyperinflation at the extremes to the quieter erosion of sterling and the dollar, purchasing power keeps moving in one direction. By the final months of 2008, Zimbabweans had stopped behaving as though their national currency was money. The notes still existed. Prices were still quoted in Zimbabwe dollars. Salaries
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Goldwise
Europe’s central banks are reconsidering where their ultimate reserve asset should sit. In 1963, France began quietly emptying its gold from foreign vaults. The operation carried the appropriately French codename Vide-Gousset, roughly translated as “empty pockets”. Gold left New York aboard ocean liners. Bullion stored in London followed by aircraft.
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Goldwise
Washington is fighting across military, energy and financial fronts. The cost is beginning to appear where it matters most. In February 2022, Russia discovered that a foreign-exchange reserve is only as sovereign as the system holding it. For years, Moscow had accumulated hundreds of billions of dollars in reserves, partly
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Goldwise
How movements in one of the oldest ratios in finance can potentially turn the same capital into more gold. Imagine two investors beginning with exactly the same thing: ten ounces of gold. The first puts his gold away and forgets about it. Twenty years later, he still owns ten ounces.
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Goldwise
Rising Japanese yields are pulling at the cheap capital that flowed through global markets for decades. On the morning of 5 August 2024, one of the calmest assumptions in global finance suddenly became expensive. Japan’s Nikkei fell more than 12 per cent in a single session, its worst day since
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Goldwise
The Dollar’s Long Goodbye. Gold needs no dollar collapse, only a world that trusts American promises a little less. In August 1971, Richard Nixon appeared on American television on a Sunday evening and told the country he was temporarily suspending the dollar’s convertibility into gold. The language was deliberately reassuring.
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Goldwise
Technology has transformed the way we buy, store and trade gold. Ownership remains the part investors value most. For most of financial history, buying gold required almost as much trust as buying a house. An investor telephoned a broker, accepted whatever price was available, signed paperwork that arrived days later
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Goldwise
Modern warfare is fought on the battlefield, but it is won in the factory. Gold and silver reveal why. When historians write about wars, they usually begin with armies. Battles, generals and political decisions dominate the narrative. Maps fill with arrows. Casualties are counted. Victories and defeats become fixed points
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Goldwise
The market is focused on who will build the future. It is paying far less attention to what the future will be built from. In March 2021, the Ever Given became lodged across the Suez Canal, blocking one of the world’s most important shipping routes. For six days, hundreds of
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Goldwise
Silver's recent sell-off suggested demand was fading. China's behaviour suggests something very different. There is an old survival story sailors used to tell about lifeboats in the North Atlantic. When a ship started taking on water, panic never began when passengers noticed the damage. It began when crew members quietly