Hi,
A troy ounce is a weighting unit for precious metals that has been used since the Middle Ages. One troy ounce weighs 31.1034768 grammes and was first used in Troyes, France, according to the U.K. Royal Mint. A standard ounce weighs slightly less, 28.35 grammes, and is used to measure things like sugar and grain. To…
Category: Buying
Is Gold An Effective Hedge Againts Inflation?
Many investors turn to gold as a convenient and cost-effective inflation hedge when protecting their savings from inflation. However, is it a good idea to invest in gold? Let’s look at this popular investment option and see if it is truly effective as an inflation hedge. Here are the Top 3 Reasons You Should…
If You Don’t Hold It, You Don’t Own It
Within markets that allow you to invest in a physical asset class, most namely the precious metals industry, there has always been a phrase that floats around working to keep investors aware of the risks they are taking on – and that phrase is, “if you don’t hold it, you don’t own it.” While this…
The 4 Best Precious Metals to Invest in Right Now
Precious metal Elements regarded as scarce and chemically inert are referred to as precious metals. They have a high economic value since they are scarce. There are several applications for precious metals, including jewelry, industrial operations, and investments. A precious metal is a substance that has value beyond its monetary value. Alloying elements may be…
Gold: Impact From CPI Won’t Last Given Long Window to the U.S. to a Rate hike
The United States is expected to raise rates as early as June and September this year. Another rate hike is likely to happen by the end of the year. Gold prices have fallen sharply since the beginning of the year. The yellow metal lost about 11 percent in 2018, its worst performance in five…
