If you’ve spent any time exploring the world of precious metals, you’ve probably come across the term “legal tender,” especially when looking at coins issued by national governments. But what does it actually mean, and how does it relate to precious metals like gold and silver? Let’s break it down and see how it fits…
Category: Gold Spot Price
Record Third Quarter for Gold
It is no secret these days that silver and gold have been having incredible years. However, with 2022 and 2023 seeing record bullion accumulation by various countries and citizens alike, somehow, in 2024, gold is still finding ways to do the unprecedented. Keeping in mind 2024 Gold Demand and Bullion Trends, Invest in Gold Bars…
Gold All-Time High Causes Silver Surge
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…
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…
