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What is causing inflation in 2024?
- October 20, 2024
- Posted by: Agbaje Feyisayo
- Category: inflation, Uncategorized
No CommentsInflation is a general increase in the price of goods and services in an economy over a period of time. It can have a significant impact on the economy and the financial well-being of individuals. Several factors, including supply and demand, monetary policy, and government spending, can cause inflation. Inflation and recession are two of
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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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Gold tops $2,500 for the first time
- August 20, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold, News, Uncategorized
Gold recently surged past $2,500 per ounce for the first time, driven by expectations that the Federal Reserve is edging closer to cutting interest rates. On Friday afternoon, spot gold broke through the $2,500 mark, surpassing its previous record set just last month. This increase followed disappointing U.S. housing data, which bolstered predictions of more
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How Much Gold Does the Average American Own?
- May 1, 2024
- Posted by: Agbaje Feyisayo
- Category: Uncategorized
Gold has been a symbol of wealth and a significant currency throughout history. It remains essential in today’s economy, particularly as a hedge against inflation and a safe-haven asset in turbulent times. This article delves into the specifics of gold ownership in America, aiming to shed light on the average American’s relationship with this precious
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Gold trades below $2,350 on hotter-than-expected US inflation data
- April 29, 2024
- Posted by: Agbaje Feyisayo
- Category: Uncategorized
On Monday, during the early Asian session, the gold price (XAU/USD) softened, trading around $2,335. This slight dip comes in the wake of recent U.S. economic data revealing persistent inflationary pressures, which has fueled market skepticism regarding the likelihood of imminent rate cuts by the U.S. Federal Reserve (Fed). With the Fed’s interest rate decision
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Gold Health Benefits
- February 9, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold, Uncategorized
Gold has been a valuable and highly sought-after precious metal for coinage, jewelry, and other arts since recorded history began. However, besides its aesthetic and financial value, gold has long been believed to possess various health benefits. This article explores the potential health benefits of gold, including its consumption, wearing gold jewelry, food and drink
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Gold Hit $2,135.39/oz. All-Time High Last Month
- January 19, 2024
- Posted by: Erman Ebren
- Category: Buy Gold, Gold, News, Uncategorized
Great excitement surrounded gold’s upshot, closing out 2023. Reasons for the move are said to be many including; Israel-Hamas and Ukraine-Russia conflicts, major central bank purchasing, and the highest Fed funds rate level in 22 years. Ongoing economic and geopolitical uncertainty will continue to provide a positive driving force for gold prices while easing inflation
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2023 Annual American Bullion Scholarship Winner Is Announced!
- December 19, 2023
- Posted by: Erman Ebren
- Category: Uncategorized
American Bullion is proud to announce the winner of the 2023 Annual Scholarship Essay Program! If you are considering entering or wondering how to win a scholarship of your own, read the essay below to learn more. Winners are selected from qualified entrants each year, and the entry of a winning student can help -
Indian Head Penny
- July 17, 2023
- Posted by: Agbaje Feyisayo
- Category: Precious Metal, Uncategorized
The Indian Head Penny, a widely cherished coin among collectors and historians, holds a unique place in American numismatic history. Named for its captivating design depicting Liberty in a Native American headdress, the Indian Head Penny was minted from 1859 to 1909, a period that witnessed considerable changes in American society and economy. Indian Head
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History of the Nickel
- February 20, 2023
- Posted by: Agbaje Feyisayo
- Category: Precious Metal, Uncategorized
The nickel is a standard coin in the United States, used as a currency for over 150 years. But its history goes back much further than that, to ancient civilizations that utilized the metal for its unique properties. In this article, we will explore the birth of nickel, its invention, the coins it has been
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