HomeBlog

Blog

  • Are Goldbacks a Good Investment?

    Goldbacks are an innovative form of physical currency created by Aurum. They are thin layers of gold sandwiched between two sheets of polyester, making them durable and eye-catching. Unlike traditional gold coins or bars, Goldbacks are designed for small transactions, with denominations as low as 1/1000th of an ounce of gold. This creates an accessible

    read more

  • Paper Gold vs. Physical Gold: Which is the Better Investment?

    • April 3, 2024
    • Category: Buy Gold, Gold

    Gold has been considered one of the most valuable and stable investments for thousands of years. It has proven to be a reliable store of wealth and a hedge against inflation and economic turmoil. However, with the recent surge in gold prices, many investors wonder whether they should invest in paper or physical gold. This

    read more

  • Gold Prices Hit Record High as Investors Bet on US Rate Cuts and Watch World Conflicts

    • April 2, 2024
    • Category: Gold

    On Monday, the gold price continued its upward trajectory, marking the fifth consecutive day of gains and reaching a new record high beyond the $2,250 mark during the Asian trading session. The rise comes from the latest US Personal Consumption Expenditures (PCE) Price Index data released last Friday. The data showed a moderate increase in

    read more

  • Solid price gains for gold on big U.S. data dump day

    • April 1, 2024
    • Category: Buy Gold, Gold

    Last Thursday witnessed notable gains in gold prices during early U.S. trading as they edged closer to recent record highs amid a significant release of U.S. economic data. Silver prices remained relatively stable. The day was packed with key data announcements, including the U.S. GDP data for the fourth quarter and various inflation indexes. Given

    read more

  • The Best Gold in the world & Top 10 Gold Producing Countries

    Gold has been considered a valuable commodity for centuries for its beauty and durability and its role as a hedge against inflation and a store of wealth. As a result, gold has become an essential part of many national economies, with some countries being major producers of this precious metal. However, not all gold is

    read more

  • Can I buy gold from Bank of America?

    In an age of vast and varied investment options, many individuals turn their attention towards the timeless asset that is gold. Known for its durability, scarcity, and intrinsic value, gold has been a sought-after commodity for centuries. However, when it comes to purchasing gold, especially for those looking to diversify their investment portfolio or secure

    read more

  • Federal Reserve Holds Rates But Sees 3 Cuts in ’24 Despite Inflation.

    At its March meeting, the Federal Reserve left its key interest rate unchanged at a 23-year high of 5.25% to 5.5% for a fifth straight meeting, but stuck to its forecast of three rate cuts this year despite signs that inflation may stay elevated longer. The decision means that Americans will continue to pay higher

    read more

  • Can I buy gold from Chase?

    In investment, gold has always been a beacon of stability and a symbol of wealth. Its allure, stemming from its historical performance as a hedge against inflation and economic downturns, attracts investors. For those contemplating incorporating gold into their portfolios, a common inquiry is whether it’s possible to purchase gold directly from major banking institutions,

    read more

  • Gold price edges down from all-time highs as US Dollar Treasury yields revive.

    • March 22, 2024
    • Category: Buy Gold, News

    In Thursday’s early American session, the gold price experienced a downturn from its recent all-time highs, touching around $2,220, as the US Dollar and Treasury yields saw a significant recovery. The US Dollar Index (DXY), which measures the dollar’s value against a basket of six major currencies, climbed back to 103.50. This rebound followed a

    read more

  • Wall Street advises caution on gold prices next week

    Inflation data significantly influenced last week’s movements in the gold market, but as the week progressed, the focus shifted to the Federal Reserve and the anticipated adjustments in interest rates. Following Wednesday’s Federal Open Market Committee (FOMC) meeting, the Fed’s indication of maintaining three projected rate cuts in 2024 sparked a surge in gold prices.

    read more
Get Your FREE Gold Guide!



    Your information is 100% secure with us. By submitting you agree to be contacted by American Bullion via mail, phone, text or email. You can unsubscribe at any time.