Aug 2024
Gold and Silver Market Update: Turbulence, Trends, and the Fed's Impact
Gold performs its usual role as an insurance policy amid equity market turbulenceSilver unwound some losses last week then fell heavily at the turn of the week to wipe out those gains; oversold at $27Silver ETFs were mixed last week, net additionsGold ETFs also mixed, but net small redemption; technicals are turning neutral to negative Gold:silver... Read more
Jul 2024
How to Invest in Palladium
When most people think of investing in precious metals, gold and silver come to mind. But palladium is rarer and more durable than gold, silver, or platinum, and it’s quickly becoming a coveted asset in the precious metals market. Palladium is a valuable metal with several industrial applications, including jewelry, electronics, dentistry, and ca... Read more
Jul 2024
Gold and Silver Market Highlights: A Week of Fluctuations and Trends
Roller-coaster week for gold, ending unchangedSilver still struggling, influenced by the base sector; drops 5%Although silver ETFs took on a lot of metal last weekIndia cuts gold and silver import tariffs; initially hits, then encourages, gold demandChina physical gold demand is reappearingGold:silver ratio back up to 85, near three-month highsU S... Read more
Jul 2024
What Countries Have the Largest Gold Reserves?
Gold reserves are the amount of physical gold bullion held by national governments and central banks. It’s estimated that a fifth of all the gold ever mined throughout history is currently held by central banks, and that’s no small number. Let’s take a look at how gold reserves work, which countries have the largest gold reserves, and why central b... Read more
Jul 2024
Gold's Intraday Highs and Market Movements: An In-Depth Analysis
New intraday record highs for gold last week but net unchanged over the periodGold’s rally from the start of the week to the peak of $2,483 was 3.1%Massive jump in gold outright Managed Money longs in the week to 16th July. Very toppyWhile silver’s move was insipid and followed by a slide of over 8% to three-week lowsAs last week, part of this may... Read more
Jul 2024
Gold above $2,400: Market trends, interest rate cuts and global economic influences
The psychological $2,400 level has been cleared againInflationary forces abating but likely still too high for the FedAs usual, silver posted the larger gains……but has retreated since, while gold is steadyPart of this may be technical as the ratio’s moving averages have turned bullishAnd another part is likely to be European and Chinese economic un... Read more
Jul 2024
Gold fixing 2.0: From traditional ritual to the digital era
Traditional gold fixing: Originally, the gold fixing took place in a magnificent room at the Rothschild banking house in London, where representatives of leading banks fixed the price of gold by raising and lowering flags.Historical significance: The gold fixing began in 1919 and served as the central method for determining the price of gold, which... Read more
Jul 2024
Bullion vs Numismatic Coins
There are two main categories when it comes to investing in precious metals coins: bullion and numismatics. Bullion coins are those which are valued based on their intrinsic metal content, while numismatic coins (in other words, collectible coins) are valued based on various intangible factors, such as age, rarity, design, and mint. If you’re unsu... Read more
Jul 2024
Gold and Silver Shine Amid US Labor Market Slowdown and Global Political Unrest
A change of range at last and an uptrend developingMore signs of a slowdown in the US labour market have boosted gold and silverAs usual, silver posted the larger gainsGold’s recent peak may be in sight as technicals turn positiveBut silver is overbought at $31 and needs to correctGold:silver ratio now below 77 – justETFs strong in the first week o... Read more
Jul 2024
What is the Cheapest Way to Buy Gold?
If you’d like to start investing in gold, it’s natural to want to find the cheapest way to do so. Buying gold at a good price can help you get more bang for your buck and maximize your investment. But finding the cheapest way to buy gold isn’t as simple as you might think. It involves juggling various factors, like fees, premiums, storage costs, an... Read more