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…
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Category: Gold Price Canada
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…
Understanding the Impact of Bank Failures on Gold & Silver Prices
Introduction In recent years, there have been several bank failures around the world, which have raised concerns among investors about the stability of the financial system. As a result, many investors have turned to safe-haven assets like gold and silver to protect their investments. In this blog post, we will explore what the recent bank…
Why Investing in Gold is a Smart Way to Hedge Against Inflation?
What is Inflation and How Does it Impact Our Economy? A prolonged increase in the average price of goods and services over time is referred to as inflation. In other terms, inflation is the pace of decline in money’s ability to buy things over time. The economy is impacted by inflation in a multitude of…
Powell Comments Present Golden Buying Opportunity
Yesterday, Jerome Powell, Chairman of the Federal Reserve testified to the Senate Banking Committee that interest rates would need to go much higher than anticipated to quash an inflation rate that refuses to fall. This caused silver and gold to sell off on the market losing nearly 5% on the silver side, and nearly 2%…