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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 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 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
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History of the US Dollar Backed by Gold
- August 30, 2024
- Posted by: brian
- Category: Gold, Government
The concept of backing the US dollar with gold is a frequent topic among gold enthusiasts and economic theorists. However, many misunderstandings surround this idea, particularly the belief that the US dollar was once backed by gold. In reality, America’s founding monetary system never tied the dollar’s value directly to gold. Key Takeaways America’s founding
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How Much Gold is in Fort Knox?
- August 28, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold
Fort Knox, located in Kentucky, is one of the world’s most famous and secure vaults, holding a significant portion of the United States’ gold reserves. The amount of gold stored within Fort Knox has been a subject of fascination and speculation for decades. Understanding the quantity, history, and importance of the gold stored at Fort
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Are Gold Bars a Good Investment?
Gold has long been considered a symbol of wealth and a secure investment. People have invested in gold for centuries to preserve their wealth and protect against economic uncertainty. Among the various forms of gold investments, gold bars are a popular choice for investors looking for a tangible asset that offers stability and potential appreciation.
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China’s New Gold Import Quotas and Their Impact on Global Gold Demand
China, the world’s largest gold consumer, has recently introduced new import quotas for gold, potentially signaling another surge in Chinese gold demand. This article explores the implications of these new quotas, set by the General Administration of Customs (GAC), and what they might mean for the global gold market. As interest in safe-haven assets like
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Celebrating Expertise: First-Ever Numismatic Triathlon Highlights
On August 13, 2024, the numismatic community experienced an unforgettable event—the first Numismatic Triathlon. This competition, featuring 200 eager participants, brought collectors and enthusiasts together for a riveting test of coin-related knowledge. From the intricacies of coin grading to the history of numismatics, the event turned out to be both educational and entertaining. Key Takeaways
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!