Dec 2024
Gold in neutral, as increased political risk in Europe gives support to the dollar
Geopolitics and banking stresses remain supportiveShadow banking is gaining more headlines as politicians express some concernBut in the short term the technical picture has deteriorated with resistance from the 50-Day moving average tat $2,670, which is also a Fibonacci resistance levelEconomic numbers this week focus on US jobs (Friday) with the... Read more
Nov 2024
What is a Proof Coin?
Proof coins are specially minted coins designed specifically for coin collectors. These coins are produced with a meticulous process that involves multiple strikes using hand-finished dies. The result is an exceptionally detailed coin with a distinct mirror-like background and frosted raised edges. If you’re new to the world of coins or precious... Read more
Nov 2024
Gold and Silver Post-Election Trends: Market Movers and Volatility
Gold watching politics; silver has another wary eye on short term economics.Gold’s overall fall in the wake of the US Election result was a drop of 9%With HNW and Family Offices, among others, waiting for such a drop, it became well-bid, with a 7% rally to $2,720Until today (Monday 25th) on reports of a potential deal between Israel and Hezbollah;... Read more
Nov 2024
Gold Mining Stocks vs. Physical Gold as an Investment
Gold mining stocks and physical gold offer two ways for investors to benefit from gold price movements, however each of these investments differs in terms of risk, returns, liquidity, and more. If you’re tossing up between these two investments and wondering which is most suitable for you, continue reading. In this article, we’ll explore gold min... Read more
Nov 2024
How to Spot Fake Gold Bars: A Comprehensive Guide for Buyers
Gold’s intrinsic value makes it a prized asset for investors looking to preserve or grow their wealth. Unfortunately, its incredible value also makes gold a target for counterfeiters. In recent years, fake gold bars have become a growing concern for investors. These counterfeit bars can look convincingly authentic, putting even experienced buyers a... Read more
Nov 2024
Gold & Silver Market Shifts: US Election, Fed Cut, and China Demand
Gold was steady around $2,740 at the start of last week then dropped 3.5% on the day after the US election and some froth was duly blown offIt then unwound 64% of the fall, rising to a Fibonacci resistance level – - but is below the lower band of its recent rising trend and a bearish moving average pattern is developingSilver was similar, around $3... Read more
Nov 2024
Gold Price Prediction for 2025 and 2026 - 2030
We predict that the price of gold could soar to around $3,150 in 2025, and by 2026, it could even exceed $3,300. In the years beyond, the gold market might even reach $5,150 by 2030. To sum up: gold’s future looks bright in the coming years. As a historically trusted safe haven asset, gold continues to attract investors seeking a hedge against in... Read more
Nov 2024
Gold Rises on Geopolitical Tensions and U.S. Election Focus
Geopolitics continue to boost gold; now marking timeSpot still failing at $2,800While gold is posting fresh nominal highs, it is still 30% off the spot high of 21st January 1980 when expressed in today’s moneyChina ETF gold demand acceleratingGold re-focusing on the Presidential election as well as the Middle EastNonFarm Payroll –poor, devil in the... Read more
Oct 2024
Gold Faces Shallow Correction as Silver Hits Highs
A much-needed midweek correction for gold , but still only a shallow oneSpot approached $2,800 but failed at $2,760Mid-week last week nearby gold was in a backwardation in the face of demandGold ETF year-to-date now positiveNet silver long at 2-1/2-year highsGold seems to have election-fatigue and is more concerned with the Middle EastAlthough the... Read more
Oct 2024
How Much Gold Should I Own?
If you’re new to gold investing, you might be wondering: how much gold is an ideal amount to hold? The answer, unfortunately, isn’t always straightforward. Some investors look to gold as a buffer against inflation while others see it as a tangible asset that can preserve wealth over generations. The ideal gold allocation for you will depend on yo... Read more