Blog

While gold prices have reached nearly a 7-week low amidst positive U.S. jobs data, on March 10, the U.S. Mint re-launched the American Platinum Eagle coin and sold 10,000 ounces of them in just three weeks. Also in March, platinum prices went up by about 1% while gold’s price fell by 3%. The Platinum American

Wondering if now is a good time to invest in precious metals? Yesterday, the Dow Jones Industrial Average jumped to a record Tuesday, finally surpassing its previous high set in 2007. It took 17 months to plunge from its 2007 high to its 2009 low, however it took four years to recoup its losses and finally

Gold dropped below the $1,300 per ounce mark this week, down more than $30 per ounce from the close of last week. It’s important to note the reasons for this lull which includes the recent signs of U.S. economic growth as well as the subsiding turmoil over the Crimea region. While these are short term

Monday gold saw a 6-month high of just over $1,390 per ounce. As the week continued on, however, gold lost about 3% of its value. Tensions in Ukraine have cooled down recently which has also brought gold down. Furthermore, comments from the Federal Reserve this week had an adverse effect on the yellow metal. These