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The U.S dollar has always correlated with gold prices. Whenever one was down, the other was up. As the U.S dollar goes down, gold’s value will go up, and vice versa. There are several reasons and factors that cause this relationship. The Commodity-Dollar Relationship Most commodities are traded in American dollars, making it the…
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Author: AU Bullion
Buying Gold and Silver Bullion in Kelowna BC
Kelowna is a Canadian city located in British Columbia, known for its award-winning vineyards and wineries. With a continuously growing population of approximately 143k residents, Kelowna’s industry and the economy are flourishing. The city has many beautiful sights to see from Okanagan lake to the streets of the city. As the city continues to grow,…
Proof Coins; What are they?
Growing in popularity each year, proof coins are a special and unique investment. While many coin collectors and investors adore proof coins, many still don’t know what they are. The history of proof coins dates back to 1792, during the foundation of the U.S Mint. Proof coins were meant to ensure the minting process would…
Buying Gold and Silver Bullion in Nanaimo BC
Located on the east coast of Vancouver Island, Nanaimo, British Columbia is a beautiful city by the Strait of Georgia. The city had a population of approximately 90.5k residents in 2016 and grew to 163k residents in 2020. Nanaimo is a rapidly growing city, with more and more residents showing interest in investing in bullion….
Gold Demand Increases In China and India
China and India are the world’s most populated countries, home to over 1.4 billion and 1.3 billion residents respectively. With approximately 34% of the world’s population living in these countries, these countries rank highest in global gold consumption. Throughout 2021, gold demand in both countries has increased remarkably. The pandemic has impacted gold consumption drastically. …
