Gold prices have plummeted by 11% over the past week, marking the largest weekly decline since 1983. This drop is attributed to various economic factors and global tensions.
Gold prices have seen a significant decline following the decision of major central banks to keep interest rates unchanged, raising inflation concerns.
Mortgage rates in the UK are on the rise as inflation concerns grow from the ongoing conflict in Iran. Key lenders are adjusting their rates accordingly.
Nationwide Building Society has announced an increase in savings rates, particularly for ISA products, ahead of the new tax year. This move is part of a broader trend in the savings market.