Due to the US dollar’s advantages against gold, gold is predicted to perform well soon. The Dollar Index and gold do not correlate favourably. Before to that, spot gold rose 1.6% to $2,009.59 per ounce, which was just shy of the record set at the start of the pandemic. The Causes That Boosted Gold…
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Author: AU Bullion
Understanding How Gold & Gold Equities are Affected by US Recessions
When it comes to identifying a recession, the National Bureau of Economic Research (NBER), a preeminent economic think tank established in 1920, is the accepted source in the United States. The Relationship Between US Recessions and The Price of Gold NBER typically announces a recession between six and eighteen months. The amount of each asset…
How Credit Suisse Used Record Borrowing to Navigate the Global Banking Crisis
Introduction Swiss-born and -based Credit Suisse Group AG is a leading international investment bank and provider of financial services. Financial services provider with the second-largest global investment bank Its headquarters are in Zürich, and it has offices in all the world’s major financial hubs. Swiss rail system expansion was financed by Credit Suisse when it…
Protect Your Wealth with Royal Canadian Mint Bullion: Here’s Why
Protecting your wealth is now more crucial than ever in the unsure times we live in. And while there are other ways to achieve this, buying bullion has become a popular choice in recent years. Especially, investors seeking a safe and dependable means to protect their money now select the bullion products offered by the…
Spain’s New Gold Bullion Investment Opportunity: Investors Need to Know
A Brief History of Gold Bullion Coin In the past, Spanish gold coins would have been widely circulated to provide numismatic treasure. The first bullion coin to be produced in Spain was released in 2021. The coin’s design, which was also struck from one ounce of 99.99% pure gold, depicts the head of an ‘Iberian…