Blog
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Silver Soars to 12-Year High, Riding Gold’s Record-Breaking Rally
Silver prices surged to a nearly 12-year high on Thursday, riding the momentum of gold’s unprecedented rally. Interest rate cuts by major central banks fueled renewed investment in precious metals. Spot silver increased by 0.6%, reaching $32.03 per ounce in the early afternoon trading session, marking its highest level since December 2012. The metal briefly
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How much does a Gold bar weigh? & Gold Ingot
- September 28, 2024
- Posted by: Mehul Dedhia
- Category: Gold
One of the major causes for debates in the gold market is the subject of gold bars and their weight which is why one of the most asked questions by investors is “how much does a gold bar weigh?” Many factors determine how much a particular gold bar should weigh. Some of the factors include
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Is gold magnetic?
- September 27, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold, Precious Metal
Many people ask, is gold magnetic? Various videos or posts state that gold is magnetic, while others say it is not. We need to analyze magnetic properties to understand what happens with gold. But if you’re wondering if gold is magnetic, the answer is no; the precious metal gold is not magnetic. Attraction won’t occur if you hold
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Gold reaches another new record high
Gold surged to new record highs on Thursday, 26th of September, 2024, trading above previous peaks and reaching the $2,680s per troy ounce. This impressive rally is driven by several key factors, including falling global interest rates, escalating geopolitical tensions in the Middle East, and a weaker U.S. dollar fueled by rising expectations that the
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Why is Gold Valuable?
Gold has captivated humanity for thousands of years, symbolizing wealth, power, and beauty. But what is it about this precious metal that makes it so valuable? This comprehensive article will explore the reasons behind gold’s enduring value, delve into its unique properties, and discuss the benefits of investing in gold. By understanding the history and
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How high is gold going to go?
- September 25, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold
Gold has long been seen as a haven during economic uncertainty, geopolitical tensions, and market volatility. Its price trajectory has captivated investors, economists, and market analysts in recent years, leading many to wonder how high gold can go in the coming months and years.  What are the factors driving gold prices up?  A complex web
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Gold prediction for the next 5 years
- September 24, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Coins, Gold, Gold Investing, Gold IRA, Investment
Since the pandemic in 2020, the price of gold has been on a steady rise after many years of being stagnant. Due to this steady price increase, many people, especially investors, are interested in gold price prediction. This article will cover gold price prediction for the next 5 years and the following:Â Factors that affect
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Gold prices reach record high amid weak dollar
- September 23, 2024
- Posted by: Agbaje Feyisayo
- Category: News
Gold prices reached new record highs on Friday, driven by a weaker U.S. dollar, growing expectations of further interest rate cuts by the Federal Reserve, and escalating geopolitical tensions in the Middle East. The surge in gold prices comes despite relatively muted physical demand in Asian markets, highlighting the metal’s role as a global haven
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Gold Price Historical Chart
- September 23, 2024
- Posted by: Mehul Dedhia
- Category: Gold
As a commodity investor, especially in gold, it’s not enough to buy and hoard bars and billions of gold. What makes an excellent gold investor or trader is keeping up with gold trends and price charts to know the right time to sell and factors to consider when buying gold The fluctuations in the price
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Are Inherited Gold Coins Taxable?
Gold coins are often passed down as valuable heirlooms from one generation to the next. They can carry significant emotional and financial value. But when it comes to inheritance, many people wonder whether these gold coins are taxable. The tax implications surrounding inherited assets, particularly gold coins, can be complex, and understanding them is critical
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