Gold has truly had a remarkable year in the face of high interest rates and what most government officials called “transitory inflation”. Earlier in the year, those in the precious metals sector were watching for gold all-time highs, which did come, but seemingly took a month or two to reach each new barrier. Then as…
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Category: Gold Price Canada
What are the predictions for Gold in 2025?
Although many investors seem to wonder where gold prices might be in 2025, the price of gold has invariably acted as a hedge during periods of fear. The value of gold is coined by various factors, including geopolitical tensions and changes in interest rates. Important to note, that predictions about gold prices are speculative and…
What Economic Events Impacted Gold and Silver Prices in 2024
Gold and Silver prices have experienced a tremendous amount of ups and downs in 2024. There were several global economic and geopolitical events controlled gold and silver prices in 2024. Following are some key factors that shaped the precious metals market this year: Monetary Policy by Federal Reserve: One of the biggest factors influencing gold…
Picking the Right Size: 1 Gram, 2.5 Gram, 5 Gram, 10 Gram, 1 oz, 5 Oz, 10 oz, or 1 kg—Which Meets Your Investment Strategy?
In the process of gold investment, size may play a significant role in the way you handle your portfolio and liquidity, including how well you will be able to sleep at night! Gold bars come in various sizes, right from the petite 1 gram to the hefty 1 kilogram, and each has its unique advantages…
Chinese Banks Vanish While Africa Talks Gold
Late last week, a prominent bank in China, Jiangxi Bank, filed for bankruptcy and collapsed. As expected, this caused Chinese citizens with deposits at that bank to rush to their nearest branch in the hopes of pulling out as much of their wealth as possible. Of course, our reader’s here at Au Bullion are well…