Precious Metal & Rare Coin Market News

This won't come as a surprise to Americans who are still battling high prices for everyday goods— official inflation numbers are still above the Federal Reserve's 2% target. The latest November Consumer Price Index (CPI) report revealed the biggest monthly jump in seven months. Consumer prices climbed 0.3% in November to 2.7%, while the core rate—which excludes food and energy rose 0.3% to a 3.3% annual rate. Big price increases for eggs and beef helped ... >> Read More        

Want to buy a new laptop, smartphone or video game system? You might want to buy it now, because major American CEOs are warning that they are going to be raising prices soon. While this may be painful for American consumers—rising prices means more inflation—and that's good for gold. On the campaign trail, President-elect Donald Trump promised to enact a 10 to 20% tariff on imports from all foreign countries, and a 60 to 100% ... >> Read More        

Precious metals prices soared higher in 2024, with gold and silver both showing 25%+ gains since January. After gold hit a new record high above $2,780 in late October, the precious metal slid lower, pressured by a rising U.S. dollar, profit-taking by short-term traders and on the news that U.S. presidential election would not be contested. If you haven't been watching the price of gold closely, you probably missed this latest dip in the price ... >> Read More        

Much of the time, gold steals all the headlines and the spotlight. But, there is another precious metal in the background—that offers a less expensive entry point for accumulation—yet still offers the same portfolio diversification and risk reduction benefits. That's silver of course. Historically, silver has proven its value during economic and geopolitical crises. In ancient and modern times, silver has acted as a store of value, an asset to preserve and grow wealth, a ... >> Read More        

U.S. Treasury bonds have long been seen as the gold standard for safety. In times of financial crisis, war and recessions, investors around the globe turned to the perceived safety of U.S. Treasury debt. After all, Treasuries are backed by the full faith and credit of the United States federal government. Simply put, our government has promised to pay back lenders with interest. Yet times are changing. Analysts at Bank of America recently raised this ... >> Read More        

Fed Cuts Interest Rates for Second Time in 2024 As expected, the Federal Reserve delivered its second interest rate cut of 2024 on Thursday. The central bankers updated their policy statement saying: "The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance." The Fed cut its key interest rate by 0.25 percentage points to 4.50-4.75%. How did markets react? Gold traded $32.50 higher Thursday afternoon at $2,703.30. Silver also ... >> Read More        

Americans across the nation were sitting on the edge of their seats waiting for results on election night. We didn't have to wait long. In the wee hours of the morning Wednesday, the AP called the election for Donald J. Trump after it became clear he won enough of the key battleground states to tip him over the 270 Electoral College votes needed to clinch the victory. Republicans also gained control of the U.S. Senate ... >> Read More        

With gold up 31% since the start of the year, you may be curious, what do professional money managers think of gold and its outlook ahead? Barron's recently published its exclusive Big Money Poll: What's Ahead for Stocks, Bonds and the Economy and money managers articulated the case for gold. With many money managers voicing concern that the stock market is overvalued with the S&P 500 currently trading at 21 times 2025 estimated earnings, above ... >> Read More        

It is widely known that Chinese and Indian citizens have bought gold for centuries. Accumulating and owning precious metals has been a cornerstone of those societies approach to wealth preservation and wealth building. What is less widely known is the healthy appetite for gold on the European continent. A new survey from the World Gold Council revealed that German investors place great value in gold's role as an inflation hedge and a portfolio diversifier. And ... >> Read More        

As the days get shorter, the temperatures turn cooler and pumpkin spice everything is everywhere, gold and silver emerged as clear asset class winners in the third quarter. Amid escalating war in the Middle East, the start of the Federal Reserve rate cutting cycle and uncertainty about the U.S. presidential election investors are piling into the safety of gold and silver. Precious Metals Performance In September, gold broke records again hitting a new all-time at ... >> Read More