The impact of coronavirus is certainly being felt in the financial markets. Although stocks have continued their descent, the news about gold is interesting, to say the least. Is it wise to sell gold sooner than later? Let’s take a closer look at what’s going on in the rest of the market and the world. [...]
Just in case you didn’t find that elusive pot of gold at the end of the rainbow this year (or even if you did!), we’re here to help change your fortune. You know that old jewelry that’s been sitting, unworn, in your dresser for years now? Or that old gold watch that stopped working years [...]
A Northern California couple was out walking their dog when they made the unexpected discovery of a lifetime: a veritable treasure trove of an estimated $10 million in rare, mint-condition gold coins. The collection has become known as the “Saddle Ridge Hoard,” and it contains a total of 1,427 coins dated between 1847 and 1894—1,400 [...]
photo via the US Mint For the period between January 2 and January 20, orders for one-ounce and tenth-ounce American Eagle and American Buffalo gold bullion coins will be fulfilled exclusively with 2014 stock. Following the 20th, however, the US Mint will begin selling the remaining inventory of 2013 coins alongside the 2014 stock on [...]
photo via Flickr In response to the large demand by investors for tangible assets in China, Beijing’s Hua Xia Bank recently installed ATMs that allow you to withdraw funds in the form of cash or gold or silver coins and bars. One-ounce silver coins are priced at $40, but a gold Panda coin [...]
photo via Flickr In 2011, India’s gold importation accounted for a full fifth of global annual supply. That’s more than any other country and as much as Switzerland holds in its central bank vaults. So why does the country have such an infatuation with the metal? Part of it is tradition—CBS News explains [...]
The market price of gold has been anything but stable this year, and as a result, many gold mining companies are struggling to turn a profit. “Gold companies have continued to cut capex, exploration, and corporate costs in order to make ends meet in a lower gold price environment,” explained Citigroup in a recent report [...]
A rare gold coin with a face value of $4 could be sold for $1.5 million at a late-September Bonhams auction in Los Angeles, CA. Known as the Coiled Hair Stella, the six-ounce gold coin dates back to 1880 and is believed to be one of only 10 or 12 that were ever produced, most [...]
A family of treasure hunters recently uncovered a literal gold mine, discovering $350,000 worth of gold in a sunken Spanish ship off the coast of Florida. It is the stuff of pirate movies and buried-treasure legends come true--after decades of scouring the “Treasure Coast,” the Schmitt family had become accustomed to mostly uncovering the usual [...]
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