Blog
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Silver soars 4.5% as gold reaches new heights
Gold futures edged closer to a significant milestone on Thursday, 12th of September, 2024, as the price came within $15 of reaching $2,600 per ounce, underscoring the continuing rally of the precious metal in the market. Silver also joined the upward trend, marking a significant rise alongside gold. Gold settled at $2,587.30 per ounce, hitting
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How to Store Coins Safely
- September 17, 2024
- Posted by: Agbaje Feyisayo
- Category: Coins
Storing coins safely is essential for preserving their value, especially for collectors and investors who deal with precious metals or rare numismatic pieces. Improper storage can lead to damage, such as tarnishing, corrosion, or physical wear, which can significantly diminish a coin’s value.  The Importance of Proper Coin Storage Coin collecting and investing require more
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Gold Prices Breakout: What it Means for Investors
The recent surge in gold prices has captured the attention of investors and market analysts alike. With the December gold futures contract reaching a notable $2,587.60 per ounce, just shy of the $2,600 milestone, the breakout is being hailed as a bullish signal for the gold market. This article delves into the implications of this
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Gold prices forecast to climb to record high
Gold prices have surged to remarkable heights this year, breaking records and showing potential for continued growth into early 2025. A combination of favorable economic conditions, central bank buying, and geopolitical uncertainties have driven the rise. After reaching more than $2,500 per troy ounce in August, analysts predict the precious metal could soar to $2,700
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Best way to sell gold and silver
- September 16, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Silver, Uncategorized
Selling gold and silver can be profitable if approached with the right strategies. Whether you have coins, bars, or jewelry, it is important to maximize the value you get while minimizing risks.  The value of these metals fluctuates regularly, driven by global economic conditions, inflation, supply and demand, and geopolitical instability. A strong market means
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What is an ESOP Rollover to IRA?
An ESOP (Employee Stock Ownership Plan) is a retirement plan that provides employees with ownership interests in their company. Over time, employees accrue shares in the company, and when they leave, retire, or if the company terminates the plan, employees can choose to roll over their ESOP distributions into another retirement account, such as an
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What Are Gold Impurities?
Gold is one of the most highly valued and sought-after metals in human history due to its rarity, beauty, and unique properties. However, when mined, gold is rarely found in a pure state. Natural gold deposits often contain impurities, other elements, or minerals mixed with the gold. Understanding gold impurities is crucial for gold miners,
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What Are Bullion Coins?
- September 10, 2024
- Posted by: Agbaje Feyisayo
- Category: Coins
Bullion coins are a popular form of investment for individuals interested in precious metals like gold, silver, platinum, or palladium. These coins are valued based on their metal content rather than face or numismatic (collector’s) value. Bullion coins offer a tangible asset to hedge against inflation, currency fluctuations, or market instability. They are an easy,
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Gold Declines Amid U.S. Jobs Report, Sparking Fed Rate Cut Speculation
- September 9, 2024
- Posted by: Agbaje Feyisayo
- Category: News
Gold prices took a dip after a mixed U.S. jobs report spurred more speculation about the Federal Reserve’s upcoming decision on interest rates. The nonfarm payrolls report showed an increase of 142,000 jobs in the previous month, but this marked the slowest pace in three months, bringing average job gains to their lowest since 2020.
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Can You Buy Gold with Bitcoin Anonymously?
As digital assets and cryptocurrencies gain wider acceptance, more people are exploring buying gold with Bitcoin. Bitcoin’s appeal lies not only in its decentralized nature but also in the potential for anonymity, which intrigues investors seeking discretion in their transactions. With the rising demand for both gold and Bitcoin, many wonder whether they can purchase
How can we help you?
Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!