-
Paper Gold vs. Physical Gold: Which is the Better Investment?
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
-
Gold Prices Hit Record High as Investors Bet on US Rate Cuts and Watch World Conflicts
- April 2, 2024
- Posted by: Agbaje Feyisayo
- 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
-
Solid price gains for gold on big U.S. data dump day
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
-
The Best Gold in the world & Top 10 Gold Producing Countries
- March 28, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Gold Investing
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
-
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,
-
Wall Street advises caution on gold prices next week
- March 21, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Gold Investing, News
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.
-
What Is Highest Price of Gold in History (Updated 2024)
- March 12, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold
Since its discovery by the ancient Egyptians several centuries ago, gold has played an essential role in every civilization. It has been used for a lot of things, from ornaments of the rich to it being issued as some sort of currency. Since the U.S dollar became the world reserve currency, gold has played an
-
Gold Hits New All-Time Record High
On 8th of March, 2024, gold prices soared to a record high, driven by anticipation of monetary easing in the U.S. and ongoing geopolitical tensions. This surge attracted momentum-driven funds, potentially setting the stage for further increases in the value of this precious metal. The broader, robust fundamental factors supporting gold include: Strong physical demand
-
Gold Melt Value
The allure of gold is timeless, stretching from ancient civilizations to our modern economy. One term often associated with gold, especially in coins and bullions, is its “melt value.” This measure helps investors, collectors, and dealers assess the intrinsic value of gold items. Let’s delve deeper into this subject, focusing on gold coins from various
-
When Will Inflation Go Down?
The question on everyone’s minds is when will inflation finally go down? Unfortunately, predicting exactly when inflation will come down is not an exact science, as many factors contribute to inflation rates, and many are outside our control. However, inflation may start to slow down in 2023. According to the Federal Reserve, they expect inflation
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!