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…
Category: Gold
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 The Reality of a Recession June was a crucial month in the financial world. The end of Q2 meant many were eagerly awaiting the official U.S. GDP announcement. However, the Q2 GDP reveal only confirmed what many already knew—it did not mark the start of a recession but proved that…
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….
What are Precious Metals?
What are Precious Metals? Rare and chemically inert metals are called precious metals. They have great market value since they are scarce. Numerous applications call for the usage of precious metals, including jewelry, technology, and industry. Explanation Gold, silver, platinum, and palladium are the four major precious metals. Silver is also considered a valuable metal….