Gold prices fell early this week, according to Kitco. This is on the wake of October reports for the US economy showing more growth than expected. However, a recent webcast featuring Franco-Nevada chairman Pierre Lassonde and CEO of U.S. Global Investors Frank Holmes explained that this price drop might present […]
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Introducing Alpha Bullion, Physical Gold on the Blockchain
Alpha Bullion is proud to announce its launch as the world’s first platform for redeeming physical gold using Paxos’ regulated gold-backed cryptocurrency, PAX Gold. A collaboration between longtime precious metals retailer Bullion Exchanges and chartered Trust company Paxos, Alpha Bullion brings all the innovation of cryptocurrency and all the stability […]
Palladium Prices Hit Record $1,800 High
Palladium prices soared to record heights Wednesday morning when spot prices climbed 2.1% to bring them to $1,802.24 per ounce. This rise has since continued into the afternoon, with palladium now trading at $1,815. It is now up more than $33 so far today. This is the latest in a […]
US Mint to Redesign Gold and Silver American Eagles
The U.S. Mint announced plans on Friday to go forward with redesigns on its classic gold American Eagles and silver American Eagles starting in 2021. Seeking to implement new security features to reduce counterfeiting, the Mint started pushing for updates in May. Now that Treasury Secretary Steven Mnuchin has greenlit […]
Price of gold dips thanks to market recovery
When markets are low, or when the dollar is suffering, investors tend to turn to precious metals as insurance against future unforeseen shifts. This means that, ironically, the price of gold tends to decline as the overall market improves. Over the past four months, gold bugs saw this irony in […]