As of October 31st, 2024, gold prices have climbed to an all-time high over $2,350/ounce. While there are many reasons the price of gold might increase, the prevailing sentiment is that it is being caused by the market’s optimism towards the Federal Reserve cutting rates (although we’ll cover more reasons later). As inflation tames and the economy appears robust, the
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One of the most interesting consumer gold investment stories of 2023 occurred when Costco, one of America’s largest and most beloved retailers, announced that they’d be selling solid gold bars. These 1 oz gold bars, which retailed for a little above gold’s spot price on their website, often sell out within hours of appearing in stock. Despite selling these gold
All around the world, gold is the go-to metal for wedding bands. Tradition, mostly. But they are also a valuable metal, they can be easily crafted into stunning designs, and come in a number of shades that offer options for both partners to pick a style they like. However, when the topic of the actual value of gold wedding bands
You’ve probably heard about 24k gold, but what exactly does it mean? And how is it different from 22k, 18k, 14k, 12k, and 10k gold? In this post, we’ll discuss different purities of gold, how they’re measured, what they’re worth, and what purity of gold is used in different circumstances.
It’s impossible to put a price on the accolades and prestige that come with winning Olympic Gold. However, we put prices on gold for a living, so we wanted to take a look at the value of the medal itself. Just how much could you get for a Gold Medal if you had one and decided to sell it? Let’s
Current Price of Gold Calculating the actual value of your gold can be a little tricky. The most confusing part of the process might be finding the appropriate weight measurement to use for your calculation. Gold is measured in troy ounces – a unit not very popular with your everyday scales – so we’ll show you how to calculate the
Up? Down? Flat? Where the price of gold is headed is constantly discussed by financial experts from wall street to Hong Kong. A few years off all-time highs, many are wondering if good times are here again for gold bulls, or if prices will never regain their thunder. In 2016, however, the majority of banking experts believe that the price