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Prices of gold When inflation is high, currencies are weak (particularly the U.S. dollar), or something catastrophic happens around the globe, gold prices tend to climb. As a result, the correlation between price and volatility in the gold market is more complex than in the stock market. It is not uncommon for both price and…
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What Is a Kookaburra?
Kookaburra Coins background In the world of finance rarity is in itself a solid incentive for the purchase decision of investors. The kookaburra series is one of the most famous collectible silver coins. Along with this, it is also a favorite instrument in the financial market due to its stylistic flair. The purchase decision of…
What Is a Krugerrand
Definition The Krugerrand is a gold bullion coin that is manufactured in South Africa. This currency is quite popular. It was the first bullion gold coin ever created, with production beginning in 1967. The South African Mint uses the Rand Refinery to make the Krugerrand in a variety of different weights, including the one ounce…
History of American Eagle
American eagle Canada Silver Coin Program In 1986, the U.S. Mint began selling gold and silver bullion coins under the American Eagle Coin Program. Now platinum and palladium coins are also part of the program. The United States Mint produces collector-friendly variants of the American Eagle coin in proof and uncirculated conditions. In 1907, a…
Silver supply dipping as demand poised to skyrocket
Current price of silver The demand for silver as a precious metal has always been overshadowed by gold’s high demand. This is because silver has much lesser supply capacity and is also more vulnerable to market volatility. The last price hike witnessed by this metal was in 2020 when the silver index grew dramatically by…