From £6.99 per month
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Gold: you're indestructible (even if the price goes down sometimes)

By Chris Bailey of Financial Orbit | Sunday 5 February 2023


I read in the Sunday press that allegedly the “FCA offers to bend the rules to land Arm float”. That is certainly something to keep an eye on this year, especially as the FTSE 100 - unlike many of its global peers - is somewhat light in the excitable world of technology stocks. An area the FTSE 100 is heavily exposed to however is the commodity sector. Last week may have seen “London’s FTSE 100 Index ended the week on a high having reached its highest ever score, beating the previous record of 7,903.5 set in May 2018”, but you may have seen that natural gas, oil and silver prices have fallen even further this year and even my beloved gold is only up a couple of percent in dollar terms over the first five or so weeks of 2023…
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was



Banking Déjà vu

Monday »


Tom Winnifrith Bearcast: PILOW talk



The comedy continues at Deliveroo



A few thoughts on retirement

Tuesday »


Buy Supermarket Income REIT