Blog
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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
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How Much Does It Cost to Get a Coin Graded?
- September 4, 2024
- Posted by: Agbaje Feyisayo
- Category: Coins
The cost of getting a coin graded can vary widely depending on several factors, including the coin’s value, the grading service used, the speed of service required, and any additional services such as authentication or conservation. Coin grading is an essential process for collectors and investors alike, as it determines the coin’s condition and its
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What Does Gold-Filled Mean?
Gold-filled jewelry is a popular and durable option for those who want the look and feel of gold without the higher cost associated with solid gold pieces. Understanding what “gold-filled” means can help consumers make informed choices when purchasing jewelry. Definition of Gold-Filled Jewelry Gold-filled jewelry consists of a solid layer of gold mechanically bonded
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How Much Are Gold IRA Storage Fees
When considering a Gold IRA (Individual Retirement Account), it’s important to understand the costs of maintaining such an investment, including storage fees. These fees are essential because they ensure your precious metals are securely stored in a certified depository, protecting your investment from theft, damage, or loss. The Basics of Gold IRA Storage Fees Gold
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!