Category: Gold Spot Price

What Does Legal Tender Mean for Precious Metals?

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…

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 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…