HomeBlog

Blog

  • American Gold Eagle coin sales up strongly in March

    • April 2, 2015
    • Category: Coins

    March sales of American Gold Eagle bullion coins were more than double those of February, according to the latest figures from the U.S. Mint. A total of 46,500 oz. (118,000 coins) of American Gold Eagles were sold in March, compared to 18,500 oz. (64,500 coins) in February – a 151% increase from the previous month’s sales. March 2015 sales

    read more

  • Gold makes biggest jump in two months on U.S. payrolls data

    • April 1, 2015
    • Category: News

    Gold made its biggest jump in two months on Wednesday, rising back above $1,200 to end the day at $1,204.10/oz. Data from the ADP Research Institute showed that U.S. companies added 189,000 workers in March, the smallest gain since January 2014. Economists surveyed by Bloomberg were expecting the number to be around 225,000. The disappointing figures fed speculation that the

    read more

  • Could the world run out of mineable gold in 20 years?

    • March 31, 2015
    • Category: Gold

    Gold’s extreme rarity is one of the major factors contributing to its high value and status as a “precious” metal. But just how rare and scarce is it at this point? According to report by Goldman Sachs on commodity scarcity, the world could run out of mineable gold in 20 years. “The combination of very low concentrations of

    read more

  • American Bullion interview with Frank Holmes, Part II

    Last week we gave you Part I of our exclusive interview with Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, in which he discussed interest rates, gold price trends, and the Fear and Love Trades. In Part II, Holmes elaborates on these topics and adds his thoughts on the new Apple Watch Edition containing 18-karat

    read more

  • This Week in Gold: Second straight weekly gain

    Gold rose 1.3% percent on the week, its second straight weekly gain, as tensions in the Middle East had investors seeking a safe haven. The spot price finished the week just below the key $1,200 level at $1,199.40, after touching $1,219.46 in early trading Thursday. U.S. stocks, on the other hand, suffered their biggest weekly loss

    read more

  • Gold’s relationship with the U.S. dollar is changing

    • March 26, 2015
    • Category: Gold

    The World Gold Council (WGC) believes gold is still a valuable portfolio component even in times of a strong U.S. dollar and rising interest rates. The organization released the latest issue of its Gold Investor publication on Thursday, which re-examines gold’s relationships with the dollar and interest rates. Juan Carlos Artigas, director of investment research at the

    read more

  • U.S. stocks sell off, dollar falls…time to buy gold?

    • March 25, 2015
    • Category: News

    The U.S. stock market suffered its third straight day of losses on Wednesday and the dollar slipped after disappointing government data had investors worried about economic growth. The Nasdaq was the biggest loser, falling more than 2% after news of a merger between Kraft Foods and Heinz Co. triggered a sell off. The Dow lost 292.6 points, or 1.62%; the

    read more

  • Gold hits 2-week high, will reach $1,300 by May?

    • March 24, 2015
    • Category: News

    Gold finished Tuesday at a 2 1/2-week high of $1,194.10, rising for the fifth straight session after comments by Federal Reserve Vice Chairman Stanley Fischer fueled speculation that an interest rate hike won’t happen until September. MacNeil Curry, head of global technical analysis at Bank of America Merrill Lynch, believes this is just the beginning of a

    read more

  • American Bullion interview with Frank Holmes, Part I

    American Bullion CEO Orkan Ozkan was delighted to speak with Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, in an exclusive interview on current and upcoming trends in gold. We quoted Holmes in our blog “11 powerful people and their insights on gold”, to which Holmes responded that he was “honored and humbled” to

    read more

  • This Week in Gold: Biggest weekly gain since January

    It was an eventful week for gold, as the Federal Reserve released a statement with a slight change in language that had investors puzzled. Gold responded positively to the news, jumping 2% the day the statement was released and seeing its biggest weekly jump since January. Gold began the week at just below $1,160/oz., and ended

    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.