Hi,
What exactly is meant by the phrase “gold standard”? Gold standard is a monetary system where a country’s currency has a value directly linked to gold. A country that uses the gold standard sets a fixed price for gold and buys and sells gold at that price. The appeal of a gold standard is that…
Blog
Category: Gold
Does Gold Go Up When Interest Rates Rise?
Multiple factors are causing the change in the price of precious metals like Gold and silver. Generally, there is a negative relationship between the rise in gold prices and the rise in interest rate. In this article, we will view the type of interest rates causing an increase in gold prices. We will see…
Chinese Panda Coin
One of the most well-known bullion coins in circulation today is the Chinese Panda coin. Since 1982, it has been published annually by the People’s Republic of China. History The loving giant panda, a symbol of China that is recognized all over the world, is shown on this popular coin. The design of the…
Consequences of an Inflationary Recession
Consequences of an Inflationary Recession June was an extremely important month in the financial world for one main reason; that reason being that upon months conclusion it would also mark the end of Q2 leaving many of us waiting for the official GDP announcement for the U.S. to be revealed. However, the Q2 GDP number…
Why do central banks raise interest rates to curb inflation?
Why do central banks raise interest rates to curb inflation? With inflation reaching record highs, central banks across the globe are pushing for interest rates to climb at their fastest pace in decades. As prices grow, the US Federal Reserve, the Bank of England, and the European Central Bank all take substantial anti-inflation policies….
