Category: Gold News
Russia Continues its Gold Buying Spree in February
Central Bank of Russia adds another 24 Tons of Gold to Reserves in February. The Russian Central Bank announced this week that its gold reserves had reached 60.5 million troy […]
What Does the Gold Silver Ratio at 80-1 Mean?
The gold silver ratio is currently at the high end of a 100 year trading range. Over the past one hundred years the gold silver ratio has traded between about […]
Hungary Opts To Repatriate Her Gold
Hungary Decides It’s Time To Bring the Nation’s Gold Home The Central Bank of Hungary reported this week that it is repatriating its 3 tons (approximately 106,000 ounces) of gold […]
How to Avoid Counterfeit Gold and Silver
Buying Gold and Silver From Unknown Third Parties Poses Counterfeit Risks No one likes paying something for nothing or being defrauded, especially when paying large amounts of money. Ever since […]
U.S. Mint vs Perth Mint
Perth Mint Silver Sales Challenge American Silver Eagle Sales. The U.S. Mint has been the largest seller of silver bullion coins for more than thirty years. Since the introduction of […]
Unique American Gold Eagle Buying Opportunity
SALE! 1 oz Gold American Eagle $50 Coins – Brilliant Uncirculated Bullion (Random Year) While gold demand globally is strong as evidenced by increased central bank buying, including record Russian […]
Shipwrecked Gold!
There’s gold and silver at the bottom of the sea. Before the digital age, money was transmitted physically. This meant stage coaches in the 1850’s would bring gold from San […]
Central Bank of Russia’s Gold Reserves Leap Past People’s Bank of China’s
Central Bank of Russia Moves into Fifth Place Among Gold Holding Nations. The Central Bank of Russia’s gold appetite shows no sign of abating. After adding a record 224 tons […]
China Was The World’s Largest Gold Consumer in 2017
Chinese Jewelry and Gold Coin and Demand Kept China as the Number One Gold Consumer in the World in 2017. The World Gold Council Numbers. According to the World Gold […]
As Gold Imports Surge, India Looks to Give Clarity to the Gold Market
Indian Gold Imports Spike in 2017. India’s gold imports continued to surge in 2017, despite government efforts to reduce gold demand. Indian gold imports for the past decade have averaged […]
Perth Mint Gold Sales Continue to Rival U.S. Mint Gold Sales
Gold Sales in 2017 The Perth Mint’s gold sales were greater than United States Mint American Gold Eagle sales for the first time in 2017 since 2014. In addition to […]
U.S. Mint Sold 82,500 Ounces of Gold in January
U.S. Mint Sold 58,500 ounces of American Gold Eagle Coins in January. Gold sales at the U.S. Mint rebounded sharply in January. The U.S. Mint reporting selling a total of […]
The Case for Physical Gold & Silver
Does buying a gold or silver ETF match your objectives? Many people purchase gold or silver because they believe that it is a store of value and a safe haven […]
Why the American Gold Eagle is the World’s Most Popular Gold Bullion Coin
The American Gold Eagle is the world’s most popular gold bullion coin with well over 40 million sold from 1986 -2017. Here are some of the reasons for the runaway […]
Russian Central Bank Gold Reserves Top 214 Tons in 2017
Russia adds record amount of gold to reserves in 2017. The Russian Central Bank announced this week that its gold reserves had reached 58.8 million troy ounces (approximately 1828 metric […]
Shanghai Gold Exchange Reports Solid Demand in November
The Shanghai Gold Exchange Reports Over 1,800 Tons of Gold Withdrawn through November. While gold demand at the U.S. Mint has been dismal this year, gold demand as evidenced by […]
Perth Mint Gold Sales in November Top U.S. Mint Gold Sales Again
Perth Mint Gold Sales Out Pace U.S. Mint Gold Sales for Ninth Month in a Row The Perth Mint outsold the United States Mint again in November. In addition to […]
Gold, the Industrial Metal?
Gold is primarily known as a rare, beautiful and coveted precious metal, desired for use in jewelry. Gold throughout the ages has also served as money in the form of […]
Rarest Mintage: 2017 American Gold Buffalo Coins
The U.S. Mint Sold 2,000 American Gold Buffalo Coins in November. The U.S. Mint reported selling just 2,000 one ounce 24K American Gold Buffalo coins November 2017. November sales of […]
American Gold Eagle Sales Slip in November
U.S. Mint Sells 9,500 one ounce American Gold Eagle Coins in November. Through November 2017, American Gold Eagle Sales Were at 190,500 ounces. Gold sales at the U.S. Mint have […]