Market News

Everywhere you look today, artificial Intelligence is in the news. And headlines about AI swing wildly from the positive to the negative. Despite it all, more Americans are using AI in their daily lives, from AI generated answers in search engines to chatbots that can help you plan your next vacation. As AI tools are…

Sluggish Housing Data Reveals Cracks in Economic Outlook The U.S. housing market is nearly frozen. With mortgage rates above 7% and the median home price surging to a record high at $440,660 this summer, homebuyers face a major challenge getting the keys to their own home. That’s showing up in the data. Gold ticked higher…

In 1915, the U.S. Mint produced one of the most ambitious early U.S. commemorative coin programs to mark San Francisco’s Panama-Pacific International Exposition. The centerpiece was a $50 gold piece containing 2.4186 troy ounces of gold, sold at the fair for $100, double its face value. At that price, few fairgoers could afford one, and…

Most bullion coins celebrate national symbols: eagles, maple leaves, kangaroos. The Austrian Philharmonic draws its identity from culture rather than patriotism. Its design centers on the instruments of the Vienna Philharmonic Orchestra, making it one of the most distinctive precious metals series in the world. Introduced in 1989 by the Austrian Mint, the gold Philharmonic…

Federal Reserve Votes to Raise Interest Rates After months of infighting at our nation’s central bank, everyone on the Federal Reserve board agreed it had to be done. The Fed hiked interest rates by a quarter point to battle inflation that has stood above the central bank’s 2% target for five years. The vote was…