Gold

Current or prospective gold owners often focus on gold’s day-to-day price fluctuations and lose sight of the bigger picture. To gain perspective, it can be helpful to look at gold’s performance over a longer period of time or compare it to other data. Below we’ve presented five essential gold charts to help you put the yellow metal into perspective. Remember that past

We’ve shown you which countries have the largest gold reserves and which countries produce the most gold. Now let’s find out which countries consume the most gold, meaning which countries have the highest consumer demand for gold. Consumer gold demand is made up of jewelry and investment demand (physical coins and bars). See our infographic

Gold is perhaps one of the most misunderstood physical assets out there. Below are seven common misconceptions we gathered about gold. 1. The United States Dollar is backed by gold. The U.S. dollar was backed by gold for some time, but is not anymore. After President William McKinley signed the Gold Standard Act in 1900, the U.S. went

Gold mining is a truly global industry that employs millions of people and contributes significantly to many economies. For instance, gold mining makes up 22% of Mali’s GDP and 14% of Peru’s government revenue. The oldest gold mine ever discovered, located near Georgia’s capital of Tblisi, is estimated to be approximately 4,000 years old. The deepest gold mine

Ever wondered what the difference is between karat and carat? The terms are often used interchangeably, but technically they are two different measures of two different things. When it comes to precious metals and gems, two terms that are often used are Karat and Carat. These two terms are often confused with each other, but they

Gold’s status as a safe-haven asset showed on Tuesday morning as tensions built in Yemen and fears of a Greek exit from the European Union loomed. Gold rose by $6.20 to $1,203.00/oz. (0.52%) as of this writing. Yemen conflict escalates A U.S. aircraft carrier joined a fleet of American ships on the Yemeni coast Monday to monitor Iranian ships

How do the Eastern and Western worlds compare when it comes to gold supply and demand? Before delving into the numbers, it’s important to understand the attitudes towards gold ownership in each region. The Fear Trade and the Love Trade John Lennon once said “There are two basic motivating forces: fear and love.” When it comes

Gold experienced two impressive rallies recently: on Wednesday of last week it saw its biggest jump in two months, and on Monday of this week it hit a seven-week high. Perhaps even more impressive, however, is that gold has also outperformed the S&P 500 so far in 2015. As of April 6, gold has seen a 2.5%

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