Precious Metal & Rare Coin Market News

1979-P Susan B. Anthony Dollar with Wide Rim

6 Rare Susan B Anthony Coins Collectors Are Hunting for

Investment, Market News |
Susan B. Anthony played a pivotal role in American history, championing women's rights and paving the way for future generations. To honor her legacy, the U.S. Mint produced the Susan B. Anthony dollar from 1979 to 1981, and again in 1999. While these coins were initially met with mixed reactions due to their similarity in size to quarters, over time, certain Susan B. Anthony dollars have become highly prized among collectors. In this article, we ... >> Read More        
Gold and Silver Emerge as Big Third Quarter Winners

Gold and Silver Emerge as Big Third Quarter Winners

Gold, Investment, Market News |
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        
Consumer Confidence Plummets, Gold Hits Record High

Consumer Confidence Plummets, Gold Hits Record High

Gold, Investment, Market News |
Worries about jobs drove the September Consumer Confidence Index sharply lower to 98.7 from 105.6 in August, the Conference Board said. Meanwhile investors continued to pile into gold driving the precious metal to another record high at $2,670 an ounce in late September. The September plunge in consumer confidence marked the biggest drop since August 2021 and showed deterioration in all five components of the index. Big picture, Americans worry about the upcoming U.S. Presidential ... >> Read More        
Silver bars and coins

Silver Spotlight: Gold Isn’t the Only Precious Metal Shining Bright

Investment, Market News |
While gold has been stealing all the headlines and limelight, with its impressive +25% year-to-date performance, silver has been quietly and steadily racking up stellar gains in its own right. How much has silver gained since the start of the year? Silver is up an astonishing 30%. In fact, this year, silver has topped the $30 an ounce level for the first time in a decade. Surprising? Not really, when you consider the insatiable demand ... >> Read More        
The U.S. Government Debt and Gold

The U.S. Government Debt and Gold

Gold, Investment, Market News |
You are probably aware that the United States of America national debt continues to tick higher every second of every day. In 1988, the U.S. government debt stood at $6.6 trillion. In 2001, the U.S. government debt stood at $9.9 trillion. In 2014, the U.S. government debt stood at $17.8 trillion. In 2019, the U.S. government debt stood at $27.1 trillion. In 2024, the U.S. government debt has soared above $35 trillion. More concerning to ... >> Read More        
Fed Headquarters

Fed cuts rates 1/2% pushing gold to new record, up 24% YTD

Gold, Investment, Market News |
Federal Reserve Starts Easing Cycle with a Jumbo Sized Rate Cut The record-shattering gold rally of 2024 saw another burst of investor buying on Wednesday, following the Federal Reserve's first interest rate cut of this easing cycle. The Fed came in big Wednesday with an aggressive half percent cut in benchmark fed funds rate. Investors immediately bought gold after the news, which drove the precious metal to another record high above $2,600 an ounce on Wednesday ... >> Read More        
Jobs Data Misses the Mark: All Eyes on Sept Fed Meeting

Jobs Data Misses the Mark: All Eyes on Sept Fed Meeting

Gold, Investment, Market News |
Wall Street is counting on the Federal Reserve to cut interest rates at its upcoming September 18 meeting. The question is how big will that rate cut be—25 or 50 basis points? The latest U.S. jobs data came in weaker-than-expected by a smidge, showing further signs the labor market is cooling. But, it appears to be a coin toss on whether this will push the Fed to cut rates in a bigger way this month ... >> Read More        
Voting area image

Are You Ready for Changes to U.S. Tax Law?

Gold, Investment, Market News |
In a few short months Americans will go to the polls to elect our next president. Depending on who wins, your taxes might go up or they might go down. But no matter who wins—changes to U.S. tax laws are coming that will impact all Americans. The Tax Cuts and Jobs Act of 2017 included many tax breaks that will automatically expire in 2025 unless Congress acts. Both presidential candidates: Donald Trump and Kamala Harris ... >> Read More        
Inflation Data Gives Green Light for Fed Rate Cut

Inflation Data Gives Green Light for Fed Rate Cut

Gold, Investment, Market News |
The Federal Reserve finally got what it was waiting for. Inflation appears to be under control and trending lower. It's been a long wait for not only the Fed, but for millions of Americans who have been battered by the double whammy of high inflation and high interest rates. That has put big ticket purchases like homes, cars and other items out of reach and on hold for many consumers. In July, the Consumer Price ... >> Read More        
Stock market

Global Stock Sell-Off Signals New Phase: Volatility Ahead

Gold, Investment, Market News |
In a blink of an eye, stock markets around the world began careening sharply lower on Aug. 1. Bad economic data and disappointing earnings started the crash and the stock rout accelerated as traders around the globe began unwinding leveraged stock market trades from Japan to the United States. What Triggered the Stock Market Sell-Off? A series of bad U.S. economic reports showing weakening employment, manufacturing and construction data pushed the stock market sharply lower ... >> Read More