Many individuals are perplexed about the current low gold prices especially with all the madness in the world. It just doesn’t make sense. While the U.S Federal Reserve (Fed) has backed off from printing money, the other major central banks continue to print.
Read More For more than a year now, commodity prices have been under pressure from the h2 U.S. dollar and slowing global demand. This has made a huge dent in the balance sheet of many net exporters of resources, in turn weakening their currencies.
Read More Russia continues to amass more gold in its reserves with the purchase of another 34.2 tonnes in September, bringing its total to around 1,353 tonnes – or around 13% of its total foreign exchange reserve figure.
Read More For the first time in weeks, the U.S. Mint’s authorized purchasers did not buy that week’s full allocation of American Eagle silver bullion coins in the first two days of sales. Instead, the U.S. Mint sold 92.6 percent of its weekly allocation of American Eagle silver bullion coins within two days. The coins became available Oct.
Read More Stocks pain has turned into gold’s gain. Gold prices soared to a one-month high Thursday as fears of a global slowdown have investors seeking so-called safe haven assets like bonds and bullion. And according to Dennis Gartman, often referred to as the “commodities king,” the rally in gold could just be starting.
Read More As wait times for certain silver bullion products reach upwards of 2 months, investors are now switching over to buying gold. How much gold? Heck of a lot more when look at the figures.
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