Blog
-
5 Tips for First-Time Gold Buyers
The allure of gold bars and coins has captivated people for centuries. It has been used as a means of wealth, investment, and a hedge against inflation. Gold’s versatility and reliability make it a popular choice among investors, especially during uncertain economic times. However, the process may seem daunting for those new to gold investing.
-
How Much Gold Does the Average American Own?
- May 1, 2024
- Posted by: Agbaje Feyisayo
- Category: Uncategorized
Gold has been a symbol of wealth and a significant currency throughout history. It remains essential in today’s economy, particularly as a hedge against inflation and a safe-haven asset in turbulent times. This article delves into the specifics of gold ownership in America, aiming to shed light on the average American’s relationship with this precious
-
What Years of Pennies Are Worth Money?
- April 30, 2024
- Posted by: Agbaje Feyisayo
- Category: pennies
While most pennies are worth just one cent, certain years can dramatically increase their value. Penny collectors, also known as numismatists, value pennies based on their minting year, rarity, condition, and production errors. Some notable years for valuable pennies include: 1943:Â During World War II, copper was crucial for the war effort, leading the U.S.
-
Gold trades below $2,350 on hotter-than-expected US inflation data
- April 29, 2024
- Posted by: Agbaje Feyisayo
- Category: Uncategorized
On Monday, during the early Asian session, the gold price (XAU/USD) softened, trading around $2,335. This slight dip comes in the wake of recent U.S. economic data revealing persistent inflationary pressures, which has fueled market skepticism regarding the likelihood of imminent rate cuts by the U.S. Federal Reserve (Fed). With the Fed’s interest rate decision
-
Does Gold Rust?
- April 28, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold
Gold is a highly valued precious metal known for its beauty, malleability, and resistance to corrosion. It has been used for centuries in various applications, from jewelry and currency to industrial and technological components. However, many people wonder whether gold can rust or tarnish over time. In this article, we’ll discuss the susceptibility of gold
-
Understanding the Value of Silver Coins
- April 27, 2024
- Posted by: Agbaje Feyisayo
- Category: Silver
The intrinsic value of silver coins primarily hinges on their silver content and the current market price of silver. Silver coins, like bullion bars, are considered a tangible asset. This is because they are physical commodities with intrinsic value, which means they will always be worth something, irrespective of economic swings. The face value of
-
How Much Gold is in a Computer?
The value of gold lies not only in its beauty and monetary worth but also in its usefulness in various industries, such as electronics. With its remarkable conductive properties and resistance to corrosion, it is a valuable component in numerous electronic devices, including computers. But how much gold is found in a computer? On average,
-
What is a Goldback?
A Goldback is an innovative form of voluntary, local currency that contains a precise amount of gold in each note. Goldbacks are crafted using a proprietary process that layers thin sheets of gold between protective polyester layers, creating a beautiful and durable currency. Each Goldback is designed with intricate and symbolic artwork that celebrates a
-
Gold Mines in Colorado
Colorado, known for its breathtaking landscapes and rich history, has a hidden treasure that runs deep within its veins – gold. The allure of gold has captivated humanity for centuries, and Colorado’s gold mines have played a pivotal role in shaping the state’s past and present. Gold, the eternal symbol of wealth and prosperity, has
-
How to Clean Silver Coins & Bars: A Step-by-Step Guide
- April 23, 2024
- Posted by: Agbaje Feyisayo
- Category: Silver
Silver coins and bars are a beautiful addition to any collection or investment portfolio, but they can become tarnished and dirty over time. In this article, we’ll provide a comprehensive step-by-step guide on how to clean your silver coins and bars, so they look as good as new. What is the best thing to clean
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!