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
Note: This article was updated on March 12, 2025 to reflect current prices 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,
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
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