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30% Upside as Fed Cuts Interest Rate
Amidst the stock market’s record-breaking ascent, gold, a steadfast refuge for investors, has also been on the rise. Last week, gold prices reached an unprecedented $2,328.7 per ounce. This surge, according to renowned economist David Rosenberg, president of Rosenberg Research, could propel gold to a staggering $3,000 before the next business cycle shift, marking a
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Is Gold Malleable?
- April 6, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Gold Investing, Gold IRA
In its purest form, gold is indeed one of the most malleable metals known to humanity. The term “malleable” means capable of being extended or shaped by beating with a hammer or by the pressure of rollers. For example, a single ounce of gold can be hammered into a sheet that covers approximately 100 square
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Is Gold From Space?
Humanity has been captivated by the alluring shine and unfading beauty of gold for centuries. But the origins of this precious metal are much more otherworldly than you might imagine. To answer the question directly – yes, gold is from space, and its creation involves cosmic events of an unimaginable scale. Where Did the Gold
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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
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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
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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
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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
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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
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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,
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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.

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