Weekly Gold Price Recap: March 23 – March 27, 2015

Posted filed under Gold Prices.

Gold Price Recap

Gold had another strong week from March 23rd to the 27th, rising above the all-important $1,200 per ounce for the first time in three weeks. With the exception of the Friday trading day, gold gained consistently throughout the course of the week. Monday saw gold prices climb to $1,188 per ounce, fueled by the recent… Read more »

Bullion vs. Numismatic Coins: What You Should Know Before Investing

Posted filed under Investing.

bullion-vs-numismatic

Numismatic coins are different from regular bullion coins. Many individuals who want to invest in physical gold or silver do so by purchasing gold and silver bullion coins or bars. It makes little difference whether you buy an American Eagle coin, Canadian Maple Leaf coin or a Philharmonic gold coin. The intrinsic value of gold… Read more »

Key U.S. Allies Join Chinese-Led Anti-Dollar Alliance

Posted filed under Financial News.

us-china-dollar

For a long while now, China has been sounding the rallying cry, doing all they can to encourage other nations to move away from the U.S. dollar as the world’s reserve currency. Initially, only anti-U.S. countries like Russia offered their support. But times they are a changing, and as the United States economy falls deeper… Read more »

Weekly Gold Price Recap: March 16 – March 20, 2015

Posted filed under Gold Prices.

Gold Price Recap

It may be too early to declare gold in a bull market, but the week of the 16th to the 20th did a lot to improve morale in the gold community. A steady week of solid gains pushed the metal up over $30 per ounce, climbing towards the all-important $1,200 per ounce threshold. Monday saw… Read more »

Federal Reserve No Longer “Patient” With Interest Rates

Posted filed under Financial News.

fed

The price of gold went up in the United States this week after the Federal Reserve removed the word “patience” from its statement of policy released March 18, 2015. This action prompted strong expectations among investors for an upcoming rise in U.S. interest rates. By dropping the word “patient,” the Fed seems to be indicating,… Read more »