Do you know what happens when the country experiences inflation? In the long run, it decreases the purchasing power. It indicates that the value of your currency will be lower the following day compared to how high it was today. The same thing is currently happening in the United States. US inflation is said…
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Author: AU Bullion
Beware: United States Dollar Being Touted as Safe Haven
United States Dollar Being Touted as Safe Haven If I told you an asset had lost over 95% of its value since it had began circulating through societies economic systems – would you then question my expertise if I then told you that same asset should be viewed today as a safe haven STORE OF…
The History of Palladium Prices
History of Palladium Prices Pricing is one of the most used concepts of economics dealt with attention in the consumer market. The changing price of goods in the consumer market is due to factors like supply and demand, socio-economic change, and the extent of competition and marketing strategies. Palladium is one of the most precious…
Which is More Valuable: Gold or Platinum?
Gold or Platinum? Gold is an ancient metal and has been involved in human life for more than 5000 years. The first discovery of gold is in the form of albeit present in small quantities. Unlike most precious metal gold is present in its pure form in nature and do not need refinement. On the…
Gold is on a recovery path as prices see double-digit gains
The gold market is seeing a consistent hike in its stock prices with a sharp increase of USD 24.60 on 2nd June. This trend is partly due to the constant decrease in the US dollar index as fears of recession loom over the stock market. At the start of this week, the gold price…