Live Metal Prices / oz
Gold: 1505.67 USD
Silver: 17.12 USD
Platinum: 851.50 USD
Palladium: 1485.00 USD
Rhodium: 3930.00 USD

Gold Market News

Who Doesn't Love a Currency War?

One of the most interesting topics in the field of economics, or of the global markets in general, is the topic of currency wars.  At their core, currency wars are really just wars without guns, ...

Germany's Entirely Negative Yield Curve Should Be Good for Gold

Bond markets are in territory the world has never seen before.  At least a quarter of all investment grade debt is trading at a negative yield.  And, for the first time ever, the entire Germ...

Russia Is Holding More Gold Than Ever To De-Dollarize Its Reserves

World governments are currently increasing their gold reserves in order to hedge against inflation. Russia has had one of the largest net increases in gold reserves worldwide, reserving and buying muc...

When Gold Booms, Should You Buy Silver?

Gold and silver are perhaps the two most well-known investment vehicles across the globe.  Their ability to hold a store of value has lasted centuries.  Let’s suppose one had to decide...

The Price of Gold in Oil

Typically, assets are measured in a fiat currency, such as the price of a home in euros or dollars.  The world’s most popular precious metal – gold – is no different.  As...

Why is Gold Valued More in Some Parts of the World Over Others?

Gold, the time-tested store of value through the ages, is really an odd commodity.  The metal can be used in processors, computers, medicine, and dentistry.  Gold is also employed in aerospa...

Russia’s Massive Gold Accumulation

A Shopping Spree From January to April of 2019, Russia obtained 56 tonnes of gold, and bought 37.3 tonnes of that between January and February. In the month of March alone, Russia bought 18.7 tonn...

The Decade of Gold and Palladium

The financial world, there is no lack of ratios.  Financiers have come up with ratios such as the P/E ratio (which is the price of a stock relative to its ratio), the bid to cover ratio (which is...

Europeans have Faith in the Future of Cryptocurrencies

bitFlyer, a cryptocurrency exchange, recently surveyed 10,000 individuals across ten European countries regarding two questions. The first question asked respondents whether they thought cryptocurr...

Italy Considers Launching New Currency to Counter Excessive Debt

Retaliation Italy is under the first ever “Excessive Deficit” ruling in EU history. Italy is further being threatened by the European Commission, which could impose a 3 billion euro fine ...

Is Bitcoin a Positive Addition to Payment Methods?

In the world of finance, today’s buzzword is cryptocurrency.  After the success of Nakamoto’s brainchild, it seems as if every organization in the world is considering their own crypt...

The End of The Current Globalization Period

The third age of globalization – the age the world is in now – looks poised to run out.  The question today is whether the world will enter the fourth age of globalization – the...

US China Trade Wars Benefit Gold Holders

Owners of gold have seen their precious metal appreciate fairly reasonable in the past nine months.  On August 1, 2018, the London PM price of gold was floating just shy of $1,220 per troy o...

The European Central Bank Is Facing These Three Major Problems

The European Central Bank is currently facing some major problems on multiple fronts. The perception of security that has build the reputation of the ECB is now on the cusp of collapse. The ECB see...

Europe's Financial Crisis – Can They Pull Through?

The European Union has started to face difficult financial times. Europe’s financial conditions have been caused by a combination of poor policies and increased strain on the EU’s banking ...

Why Are Central Bankers Nervous

One of the best charts of this past week came from the World Gold Council.  The figure (Figure 1 below) shows the change in demand for gold across the world by select buyers.  One of the buy...

Dripping into Inflation

Price appreciation, commonly known as inflation, is a bad omen for almost every stock investor that has not put the requisite effort into protecting against inflation.  Could higher inflation be ...

Is Bitcoin a Good Option for a Diversified Portfolio?

Perhaps the most popular word in the financial world is diversification.  The idea is that investors should hold multiple eggs in multiple baskets.  It’s as simple as that.  ...

Italian Citizens May Own the Government's Gold

Perhaps the least talked about, most impactful news story of the past week came from the European Central Bank’s Mario Draghi and his mention of the current gold talks in Italy.  Mr. Draghi...

Bitcoin Prices Jump

On Tuesday, the price of Bitcoin shot up above $5,000 per coin.  Speculation swirled on what could have caused the jump.   According to Reuters, the catalyst behind the rise in the B...

The Looming Sovereign Debt Crisis

Recently, three well-known economics professors (two of which work at the Kiel Institute for the World Economy) released a fascinating look at sovereign defaults.  The paper, title “Soverei...

Debt's Negative Yields Paint an Ominous Picture

Debt has control over a large portion of the world – at least that’s what we hear from professional financiers. To some analysts, debt is an important driver of global economic growth.&...

Could Brexit Actually Boost the Pound

Unless something unexpected happens, we’re about to enter a new world of national sovereignty.  The United Kingdom will no longer be a member of the European Union.  The historic momen...

Italy's Failing Economy

Recent data has confirmed a drop in Italy’s GDP. At the same time, it appears Italy is currently facing a recession. Italy’s current impending recession follows a pattern is similar to ...

Can Bitcoin Solve the World's Debt Problems

In past 50 years, the world moved into what is now known as the age of debt.  The Institute for International Finance put the global debt figure $247 trillion at the beginning of 2019.  The ...

Italy's Big Debt Problem

We live in the age of debt.  In the 1970s, 1980s, 1990s, 2000s, and 2010s (so far), debt has continually grown.  Over just the past ten years, global debt has ballooned another $60 trillion....

Moving Away from the US Dollar

The United States was once the biggest economy in the world, but recently cracks have started to appear. The most noticeable issues are America's increasing debt load and a potential trade war wit...

How will Gold React to a Looming Recession?

If you are a watcher of global markets, you’re likely aware that markets are concerned about a potential global slowdown.  Should a recession happen in 2019 or 2020, what would it mean for ...

Gold Popularity Across the Globe

Every now and then the World Gold Council releases figures on gold demand by country, central bank purchases, and a host of other areas.  Their most recent release – net flows into and o...

Deutsche Bank and the Gold Price Fixing Scandal

The Deutsche Bank has paid $60 million dollars to settle a lawsuit with investors who alleged that the bank manipulated gold prices. The bank denied doing anything wrong and hasn’t yet commented...

Italian Debt Levels

New analysis of Italy’s debt has come to two potentially damaging conclusions, which could have a large impact on the markets. First, that many other European countries owe Italy debt, which mea...

The Year of Palladium

If you’ve been watching the financial markets, one area that you hopefully haven’t been missing out on is the precious metals markets. The precious metals – gold, silver, platinum, p...

The World Economic Forum and the Gold Price

Perhaps the most newsworthy event of this past week was the World Economic Forum in Davos, Switzerland.  The event brings together leaders from around the world to discuss pertinent economics top...

Brexit or Gold? Looking at Global Interest

If you look around the world, you will find a host of issue that could have far-reaching impacts on the future of the global economy.  In the UK, the top issue is Brexit.  The final outcome ...

The Future of Deutsche Bank

If you look at Deutsche Bank’s recent news coverage, a serious questions needs to be asked: Is it possible that Deutsche Bank could trigger the downfall of the global banking system? Deutsche Ba...

Why is China Buying More Gold?

A few days ago, the People’s Bank of China published what some might consider a surprising figure.  Chinese officials announced that official gold holdings rose in December 2018.  This...

The Gold Markets in 2019

2018 saw global stock markets reach all-time highs, then only to give up a chuck of wealth to end the year.  We saw the beginnings of a trade war between the U.S. and China.  Brexit garnered...

What is Precious Metals Price Manipulation

Precious metal manipulation is one of the most controversial topics amongst bullion investors of all types and sizes. Some consider it an evil thing done by the bullion banks and other big i...

Hungary Increases Its Gold Reserves

In a fascinating turn of events this October, the MNB (Magyar Nemzeti Bank), or Hungarian Central Bank has announced a nearly 10-fold increase in Hungary’s gold holdings. Almost all countries...

Can Gold Hedge Against Inflation?

What is Hyperinflation? “When monetary inflation occurs at a high rate, the phenomena is called Hyperinflation.” To put it simply, when the prices of goods and services increase at a ra...

Ethereum based blockchain quorum to be used to tokenize gold bars

JPMorgan bank has introduced an Ethereum based “Blockchain quorum" to tokenize gold bars. The process includes giving the gold bars a unique identity which can then be used between specific...

Hedging Against a Debt Collapse with Gold

In the world of finance, there is perhaps no more hotly debate issue than debt.  One the one end of the debate are observers who worry about what a debt collapse could do to the global economy.&n...

What Happens to Gold and Silver During Recessions?

One of the most talked about issues when a recession appears on the horizon is what the price of gold does.  Why?  Because the price of gold provides insight into what investors think wil...

What Countries Produce the Most Gold Per Annum?

If you are new to the gold market, you might be surprised to know that gold production is heavily concentrated in only a select few countries.  In 2017, the top country for gold production was...

Which Central Banks Hold the Most Gold Reserves?

Which Central Banks hold the highest gold reserves? Would you guess the richest country in the world – the United States – as the top holder of the world’s most renowned metal?&nb...

Which Central Banks are Increasing Gold Holdings?

What central banks and other official entities do can affect the price of gold. With this backdrop, which central banks would you guess are stockpiling gold in 2018? Which central banks are net sel...

Does the European Market Affect the Silver Price?

Followers of the silver market have long known that multiple factors influence movements in the price of silver. The question here is – How sensitive is the price of silver to Google searches fo...

Do Central Bankers Play Politics?

If you are in any way involved in investments or a student of economics, you know that monetary policy is a hot topic. Within the debate about what to do about the money supply, or how to...

Economic Inflation, Uncertainty and Gold Prices

U.S Inflation is the biggest bullish factor for gold. This is because gold is traded in dollars and if the value of the dollar decreases, the value of gold will increase. Gold is also a store of wealt...

What is Happening in India?

India is the #1 gold consumer in the world; it is important for gold investors to understand what is happening in this unpredictable market. The Indian physical gold market has been volatile in 2016. ...

Platinum & Palladium

If the evidence coming out of the U.S economy is any indicator, the global economy may be on the verge of another large expansion period. For precious metals investors, the news is mixed because while...

Is the US Economy in a Bubble?

The United States economy has been rapidly gaining ground after the election of Trump. Unemployment hit 4.6% – its lowest since 2007, and the S&P 500 breaches all-time highs almost weekly. O...

Palladium Soars

Readers may remember the December article “Platinum and Palladium” explaining the outlook for the platinum group of metals (platinum and palladium).    “With the incred...

Physical Gold vs Mining Companies

When precious metals prices go up a familiar question is asked: Should I invest in gold miners or physical metal? The answer to this is simple. Physical metal outperforms gold miners over the long run...

Greece and the Euro

Greece is a thorn in the European Union's side, and problems are flaring up again. Athens is refusing to agree to the heavy austerity measures demanded by its creditors over its 86 billion euro re...

Gold and Silver During a Recession

Gold and silver investors like to buy precious metals to help secure investments in recessions and other financial crises. But is it worth it? Does it benefit your portfolio if you diversify and place...

Buying Precious Metals Bars vs Coins

Once you have decided to protect your wealth through investing in precious metals, you must decide how you want to invest in precious metals. There are many different ways to invest, ranging from exch...

The War on Physical Money

There is a war on physical money. Stores and retail establishments all over the West are beginning to refuse cash as payment. This is part of a wider trend forcing customers to rely on debit and credi...

Buying Gold vs Buying Silver

Many precious metals investors have a hard time deciding if they should invest in gold or silver bullion. This article will help you decide which one fits your investment goals the best.  The ...

Buying Platinum vs Buying Palladium

Platinum and palladium are both members of the platinum group of metals. Their prices tend to move in tandem, and they have many of the same uses in industry. However, investors often have trouble dec...

Europe Unites Against Britain

The Pound Rises The British Pound is rising from its Brexit-induced collapse. And the currency is soaring against the U.S Dollar while posting somewhat mixed performance against the Euro. The Euro,...

European Bank Solvency

In 2007 the global financial system collapsed, leading to the bankruptcy of several major firms and triggering the Great Recession. Now, eight years later, the major banks of Europe still carry a stag...

Gold Around the World

Gold’s Performance in different Currencies The U.S dollar is the global reserve currency, so it is the price gold is normally measured in. However, many investors do not realize that physical...

World Gold Reserves

BRICs Hoarding Gold or Playing Catch-up?  Gold is the original money, and it has been the foundation of monetary systems since Ancient Rome. However, in the West, gold has been rapidly losing ...

China Crashes Bitcoin

Many investors expected Bitcoin to become the 'new' gold. The cryptocurrency was seen as a high-tech way to protect purchasing power from government shenanigans. Boy, was that wrong?  ...

Palladium

The Most Volatile Precious Metal  The performance of palladium in 2017 has been nothing short of phenomenal. Since we first alerted readers to the opportunity in palladium, the spot price of t...

Problems in The European Union

Brexit has raised questions about the sustainability of the European Union and shared currency. In many ways, the future of the European Union depends on Brexit's failure. Because if Brexit actual...

Inflation and Precious Metals

The gold trade is beginning to recover over concerns about global inflation and political uncertainty in the United States and Europe.  Precious metals have a complicated relationship with inf...

Gold vs Bitcoins

Bitcoin and precious metals compete as alternative ways to protect wealth from government intervention and political uncertainty. However, recent events have demonstrated that Bitcoin is not a suitabl...

British Wealth Eroding

The British pound is facing numerous headwinds over the next five years: The possibility Scottish independence, Brexit, and continued strengthening of the dollar. The currency is now trading at a sign...

Brexit and British Inflation

The controversy over Brexit continues with former Prime Minister Toney Blair urging people to "rise up" against Brexit - a vote he calls Britain’s biggest decision "since the Seco...

Greece and the Euro

Greece is a thorn in the European Union's side, and problems are flaring up again. Athens is refusing to agree to the heavy austerity measures demanded by its creditors over its 86 billion euro re...

Investing in Silver

Silver is one of the most popular and versatile precious metals. The relatively low silver price makes it an excellent choice for investors who can’t afford gold. Right now, the spot price of si...

Storing Gold in Switzerland

Gold bullion is the best way to invest in precious metals because unlike mining stocks or exchange-traded funds - that may not actually hold the metal they claim to hold - physical bullion is real and...

Palladium Remains Strong

Precious metals prices have been under significant pressure as the market shrugs of political uncertainty in Europe. And the U.S Federal Reserve looks likely to increase interest rates in June. Howeve...

Brexit Stress Test

Brexit: Negotiations Get Nasty; Economy Remains Strong The British pound has weakened against the dollar after Theresa May, Prime minister of the U.K, suggested that European Union officials are tr...

Is Brexit Unifying?

  The normally fragmented European Union is uniting behind the goal of making an example out of Britain, seeking to punish the island nation for Brexit. According to Guy Verhofstadt, Britain m...

Department Stores Crash

  The department store portion of the U.S retail sector is collapsing. And many of America's oldest department stores - JCPenny, Macy's, Nordstrom, and more - are in an existential cri...

Buying Gold with Bitcoins

  Bitcoin is a cryptocurrency that allows millions of people around the world to conduct anonymous transactions without the involvements of banks, credit card companies, or governments. Bitcoi...

Is Bitcoin a Bubble?

The price of Bitcoin has been exploding in recent months with prices of the cryptocurrency already doubling in the first five months of 2017. Other cryptocurrencies like Etherium and Lytecoin have inc...

The British Election and the Pound

  Britain's general election is just over two weeks away. And according to early opinion polling, Prime Minister Theresa May was set to win by a landslide with a majority of up to 150 seat...

Buying Precious Metals with Bitcoin and Etherium

Digital currencies known as “cryptocurrencies” allow millions of people all over the globe to buy and sell things without having to use fiat currencies or go through financial institutions...

The EU and UK Struggle Over a Brexit Deal

Theresa May has repeatedly stated that "no deal would be better than a bad deal" in regards to the ongoing negotiations about Brexit, Britain's divorce from the European Union. This is a...

Bitcoin and Speculation

  Bitcoin and other cryptocurrencies have been on a roller-coaster ride in the month of May with fortunes being made and lost in a span of weeks. Bitcoin prices reached their all-time high of ...

Germany and the Eurozone

By sharing a common currency with weaker European economies like Greece and Portugal, Germany's currency is kept much lower than it would otherwise be in a free market scenario, making its exports...

Inverted Real Yields vs Gold

  The gold market is notoriously difficult to predict because so many metrics play into the price of the metal.  There are obvious factors like supply and demand for physical gold. How...

The Italian Referendum

  2016 is a year of democratic upsets, and surprise victories in the U.K and U.S may be premonitions of things to come. This time the focus is on Italy, a nation whose December 4th referendum ...

Democracy and Gold

2016 has been an exciting year for democracy. With the United Kingdom’s Brexit vote and the election of Donald Trump in the United States, voters have demonstrated their ability to shake up the ...

Precious Metals Investment Opportunity - Palladium & Rhodium

  Platinum, palladium and rhodium do not follow the price patterns of gold and silver. Unlike gold and silver, platinum and palladium prices can be hugely affected by external factors, includi...