Precious Metal & Rare Coin Market News

In the summer of 1652, Boston was a growing port town perched on the edge of the known world. Merchant ships crowded its harbor, warehouses filled with timber, fish, furs, and goods bound for Europe and the Caribbean. New settlements continued to push farther into the forests of New England. What had begun as a small religious colony only a few decades earlier was rapidly becoming an economic success. Yet beneath that growth was a ... >> Read More        

At Blanchard, Every Client Relationship Matters For more than 50 years, Blanchard has helped individuals and families invest in physical gold and silver with confidence. We understand that purchasing precious metals is an important financial decision, which is why we take a personal, white-glove approach with every client. When you work with Blanchard, you're not just another order number, you become part of the Blanchard family. We take the time to understand your goals, answer ... >> Read More        

The U.S. economy slowed in the second quarter, falling to a 1.5% GDP growth rate from 2.1% in the first quarter, according to an advance estimate from the Bureau of Economic Analysis. Gold traded higher following the news, punching to a five-day high. Gold has been trending higher in recent weeks and is showing signals of a potential upside breakout ahead. The $4,000 level has acted as a strong floor and minor dips below that ... >> Read More        

A Celebration Cast in Silver Some coins commemorate presidents. Others honor military victories, world expositions, or great moments in American history. Then there are coins like the 1936 Columbia, South Carolina Sesquicentennial Half Dollar. At first glance, it may seem like just another silver commemorative from the 1930s. Yet behind its intricate design lies a fascinating story of state pride, artistic controversy, congressional politics, and one of the most remarkable collecting booms in American numismatic ... >> Read More        

Federal Reserve Bucks 1-3 Odds of Rate Hike Today Under the leadership of new Federal Reserve Chairman Kevin Warsh, the central bank held its benchmark interest rate steady in the 3.5%-3.75% range today. Wall Street traders had estimated there was a one-in-three chance the Fed would hike interest rates to fight back against still-high inflation that has been worsened by the war raging in the Middle East. Three members of the Fed dissented in today’s ... >> Read More        

Platinum is thirty times rarer than gold. This scarcity defines the platinum coin market, where annual production measures in thousands rather than millions of pieces. Government mints began striking platinum bullion in the late 1980s, responding to investor demand for this industrial and precious metal. Today's platinum coin market centers on a handful of government-issued programs offering investment-grade purity in multiple fractional sizes. This article examines platinum coins from major government mints, how platinum compares ... >> Read More        

Gold and silver surged higher following news that consumer inflation eased in June. The drop in consumer inflation splashed cold water on ideas of a Federal Reserve interest rate hike in July, which is a positive factor for precious metals. Steady to lower interest rates tend to be supportive to precious metals, which don’t pay interest. On the flip side, rising rates historically are a headwind for non-interest bearing metals. So, the news that the ... >> Read More        

When Gold Changed Everything In January 1848, a carpenter named James Marshall was inspecting a sawmill under construction along the American River near Coloma, California, when he noticed something glimmering in the water. At first, it appeared to be nothing more than a few small flakes of metal. But as word spread and the discovery was confirmed, those tiny specks would ignite one of the greatest migrations in American history. The California Gold Rush transformed ... >> Read More        

As we move into the second half of the year, you may be heading out on vacation, spending hot summer weekends at the pool, or grilling in your backyard. In the midst of the hot summer haze, gold is consolidating quietly around the $4,000 level after a several-month-long consolidation phase. If you follow precious metals, you may be wondering what’s next? Wall Street experts agree. Gold’s recent action looks more like a consolidation than a ... >> Read More        

Gold and silver popped higher following news that the U.S. economy added far fewer new jobs than expected in June. The disappointing news revealed that only 57,000 new jobs were created last month, versus the 113,000 economists had expected to see at the mid-point of the year. Job growth in April and May was also revised down a total of 74,000, the Department of Labor said. Gold gained more than 2%, climbing above $4,065, while ... >> Read More