Popular Gold News

Popular News
Coin collecting is something that has always been a good thing to do, especially if the coins you collect are silver and gold. However, while one type of coin seems to continue to grow, another type of coin has taken a big hit. Silver coin sales continue to see their numbers go up while gold coin sales numbers have been down recently. Read more...

Gold and Oil: A Misunderstood Alliance

Sunday, 30 September 2012
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Published in From The CEO
In some investor circles it’s been an article of faith that there’s some magic relationship between gold and oil.  Many have felt if one of these hot commodities starts a ride up in price, we should look to the other for an equivalent bump.  And the reverse has been held to be true also. If one of these commodities slides in price, we should look to the other for an… Read more...
Gold remained steady today despite the fact that Hurricane Sandy is still wreaking havoc on the east coast and has forced the New York market to stay closed for a second straight day. The dollar weakened and the market rose overall, but gold was down just barely as traders and investors also wait on a jobs report that is due later this week. Gold was able to take some support… Read more...

US Coin Production Has Huge September

Wednesday, 10 October 2012
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Published in United States Economy
Coin production in the United States had a huge September, especially when compared to August numbers. While September wasn’t the biggest month of 2012 (as it relates to coin production), it was one of the bigger ones, and with the huge jump from August it was a nice sign for United States coins. More pennies, nickels, dimes and quarters were struck in September for use by the American people. The… Read more...
Gold prices surged up for the second straight session, while platinum was also strong, actually surpassing the yellow metal in price for the first time since March of 2012. Gold may continue to experience price spikes this week as we take in the news that the monetary stimulus programs will remain in place for the time being.Gold for February delivery was up again, this time by $12.20 to come in… Read more...

Gold Ends Steady as Dollar Remains Strong

Thursday, 20 September 2012
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Published in Gold Investing
Gold ended its trading session today fairly steady. While there was an initial drop in price of around $6.50, the yellow metal pulled back up and ended with only a slight loss, despite the continued strength of the dollar. After hitting high after high, and culminating with a 6.5 month high, the yellow metal has now eased up some and we head into the last part of the year. December… Read more...

China’s Gold Imports Fall

Wednesday, 05 June 2013
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Published in Gold Investing
China’s gold imports took quite a tumble from April to May of 2013, as data showed that imports of gold bullion fell by around 41%. The Census Bureau said Wednesday that April saw of gold imports through Hong Kong to China total 126 tonnes, with 46 tonnes then re-exported back through the island. Read more...
A lot has been talked about over the last year and a half regarding China and its attempt to become the world’s number one gold buyer. Well, they can now claim that spot. According to the latest data to come out, China has definitely surpassed India as the world’s clear-cut number one gold buyer. While reports out of India continue to state their desire to get the number one ranking… Read more...

Put a Silver Bullet in Your Portfolio

Tuesday, 25 September 2012
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Published in From The CEO
It’s time for another reminder about silver.  At today’s close of $33.995 per ounce, and with a current gold:silver ratio of 51.60, we just can’t ignore the gray metal.  And neither should you. In the precious metals family, gold is the child that just has to grab all the media and investor attention.  As a result, every once in awhile we feel obliged to put forth a wakeup call about… Read more...
One day after gold managed to climb up some it was back down to a six-week low, as a stronger dollar helped to curb investor interest in trading the yellow metal today. While the yellow metal still sits over the $1,700 price mark, it is concerning that it is beginning to drop again. This may also have a lot to do with the fact that it is an election year.… Read more...
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