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.

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Silver Soars to $75, Gold Crosses $4,500 as Stagflation Fears Build
Gold just hit its 50th record high of 2025, blasting through $4,500. Silver is surging in Shanghai on relentless Chinese buying. Platinum’s breaking records on supply constraints and an EU policy reversal. Meanwhile, economists are pushing back on rosy GDP numbers — and warning of stagflation ahead.




