The British pound strengthened on Thursday after the Bank of England cut interest rates by 0.25 percentage points to 4.25%, with an unexpected split among policymakers where two voted to maintain current rates. Sterling gained 0.24% against the U.S. dollar to $1.33215. The currency was also boosted by news that the U.S. and Britain will announce a trade deal to lower tariffs on some goods, as confirmed by President Trump who described it as a “full and comprehensive” agreement.

News
Gold Price Today Holds at $5,000 — What’s Driving It
Rising gas prices, shifting gold-silver ratios, and a Federal Reserve caught between inflation and slowdown are sending a clear signal: uncertainty is building again. As energy costs climb and policy clarity fades, investors are increasingly turning to gold as a strategic hedge. Meanwhile, central banks continue quietly accumulating the metal—reinforcing a powerful trend that could define the next phase of this market cycle.




