Precious Metal & Rare Coin Market News

For the first time in 100 years, it took more than one round of voting in early January to select the Speaker of the House of Representatives. In fact, it took a historic 5-day, 15 rounds of voting for the members of the U.S. House to choose Representative Kevin McCarthy as their leader. What does this have to do with gold? Well, the early signs from the contentious inner workings of the U.S. House of ... >> Read More        

Fed Hints Rate Hike Cycle Is Almost Over The Federal Reserve hiked interest rates by 0.25% on Wednesday in its ongoing battle to bring inflation down. The big change in today's Fed announcement was new forward guidance suggesting that they are near the end of the current Fed rate hiking cycle. Investors continued the recent rush into the safety of precious metals. Gold ticked higher after the Fed move, trading as high as $1,947 on ... >> Read More        

If you are looking to expand your coin collection this year, this list contains some of the most sought-after coins for beginners and advanced numismatists alike. With an eye toward long-term investment value, if you seek to acquire the highest quality rare coin available that fits in your budget, you will never be disappointed. Here is our list of the top five rare coins you should collect. 1. 1909-S V.D.B. Lincoln Cent In 1907, President ... >> Read More        

As the economic data turns south, investors are rushing into gold and silver – favored safe-haven assets in an economic downturn. Gold charged out the starting gates in recent months, climbing at a dizzying pace. While gold vaulted a breathtaking 18.8% from its October 2022 low to the January high, silver is also showing a double digit increase – with a 21% gain over the past three months. Here's what we are seeing in the ... >> Read More        

Days ago, the World Gold Council released their latest Gold Market Commentary. Here, we distill their analysis to a few important takeaways that can help investors understand what has happened with gold and where it might be headed. Wham, Bam, Thank You GRAM The World Gold Council’s Gold Return Attribution Model (GRAM) is a function used to quantify how the various drivers of gold’s performance contribute to monthly price changes. The model also assesses how ... >> Read More        

The price of gold exploded higher last week, climbing to a fresh 9-month high above $1,900 an ounce. Gold is shining once again as investors believe that a minor drop in the headline inflation rate in December will slow the pace of Federal Reserve interest rate hikes, which is already boosting demand for the precious metal. Gold traded as high as $1,921.50 last week as investors are flocking to the precious metal following the release ... >> Read More        

Oil prices have a meaningful influence on gold prices. Understanding why means first examining how dollar-denominated assets work. A dollar-denominated asset is any asset priced in US dollars. Gold is an example of a dollar-denominated asset as well as oil. This means that a rise in the value of the dollar is likely to drive down the price of those assets. The rise and fall of gold and oil prices often occurs in tandem because ... >> Read More        

Thirty two years after the Mayflower landed on Cape Cod with 101 adventurous souls, Bostonians began minting silver coins. At this time the American colonies were, of course, ruled by England. And the colonial governments were run according to the charters granted by England's king. A few of the charters permitted the colonial governments to mint coins, but most did not. Massachusetts Bay was the first English colony to challenge this prohibition when the Massachusetts ... >> Read More        

As an investor, there was nowhere to hide in 2022. Except in gold. The carnage in the investing world was evident everywhere in 2022, with double digit losses in top-rated government and corporate bonds, to the major stock indexes, and to cryptocurrency and tech stock darlings. Gold: One of the Best Performing Asset Classes in 2022 As inflation ravaged the value of cash, precious metals investors held their value in gold throughout 2022 – proving ... >> Read More        

Gold is trading around $1,800 an ounce – virtually unchanged from year-ago levels – as gold served one of its ultimate functions in your portfolio: capital preservation. That compares to double-digit losses in the stock and bond market in 2023. While gold was one of the best-performing asset classes in 2022, what could the New Year bring? There are four major macroeconomic factors that will keep demand for gold high in 2023, according to Gold ... >> Read More