FTSE 100 hits record high as ‘metals meltdown’ in gold and silver eases – business live
Gold and silver prices recover early losses, after choice of Kevin Warsh as next Fed chair triggered heavy losses in precious metal pricesPlunge in price of gold and silver rattles global stock marketsUK house prices have also fallen – although it’s a better picture if you adjust for seasonal factors.The average price of a UK property fell in January, to £270,873, down from £271,068 in December, according to Nationwide Building Society.“The start of 2026 saw a slight pick-up in annual house price growth, which rose to 1.0% in January, after slowing to 0.6% in December. Prices increased by 0.3% month on month in January, after taking account of seasonal effects.“Housing market activity also dipped at the end of 2025, most likely reflecting uncertainty around potential property tax changes ahead of the Budget. Nevertheless, the number of mortgages approved for house purchase remained close to the levels prevailing before the pandemic. Continue reading...
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Gold and silver prices recover early losses, after choice of Kevin Warsh as next Fed chair triggered heavy losses in precious metal prices
UK house prices have also fallen – although it’s a better picture if you adjust for seasonal factors.
The average price of a UK property fell in January, to £270,873, down from £271,068 in December, according to Nationwide Building Society.
“The start of 2026 saw a slight pick-up in annual house price growth, which rose to 1.0% in January, after slowing to 0.6% in December. Prices increased by 0.3% month on month in January, after taking account of seasonal effects.
“Housing market activity also dipped at the end of 2025, most likely reflecting uncertainty around potential property tax changes ahead of the Budget. Nevertheless, the number of mortgages approved for house purchase remained close to the levels prevailing before the pandemic.
Continue reading...
