Blog
-
How Much Gold is in Fort Knox?
- August 28, 2024
- Posted by: Agbaje
- Category: Gold
No CommentsFort Knox, located in Kentucky, is one of the world’s most famous and secure vaults, holding a significant portion of the United States’ gold reserves. The amount of gold stored within Fort Knox has been a subject of fascination and speculation for decades. Understanding the quantity, history, and importance of the gold stored at Fort
-
How to Buy Physical Gold with IRA Funds
- August 28, 2024
- Posted by: brian
- Category: Gold IRA
Investing in gold through an Individual Retirement Account (IRA) can be an excellent way to diversify your portfolio, protect against inflation, and secure your retirement savings. This guide will walk you through the necessary steps to buy physical gold with your IRA funds, highlighting the benefits and essential considerations involved. Adding Gold to your IRA
-
Are Gold Bars a Good Investment?
Gold has long been considered a symbol of wealth and a secure investment. People have invested in gold for centuries to preserve their wealth and protect against economic uncertainty. Among the various forms of gold investments, gold bars are a popular choice for investors looking for a tangible asset that offers stability and potential appreciation.
-
How Fed Rate Cuts Impact Gold and Gold Stocks
- August 27, 2024
- Posted by: brian
- Category: Government
Fed rate cuts are a central tool in monetary policy that can significantly influence various financial markets, including gold and gold stocks. While these cuts are often implemented to stimulate economic activity and delay recession onset, they also present a favorable environment for gold investments. This article delves into how Fed rate cuts benefit gold
-
Will Silver Hit $50 an Ounce?
- August 26, 2024
- Posted by: Agbaje
- Category: Silver
The price of silver has been a topic of intense debate among investors, analysts, and market watchers. Silver’s price movements can be difficult to predict with its historic volatility and role as both an industrial metal and a precious metal. However, there has been growing speculation about whether silver could reach $50 an ounce in
-
China’s New Gold Import Quotas and Their Impact on Global Gold Demand
China, the world’s largest gold consumer, has recently introduced new import quotas for gold, potentially signaling another surge in Chinese gold demand. This article explores the implications of these new quotas, set by the General Administration of Customs (GAC), and what they might mean for the global gold market. As interest in safe-haven assets like
-
Celebrating Expertise: First-Ever Numismatic Triathlon Highlights
On August 13, 2024, the numismatic community experienced an unforgettable event—the first Numismatic Triathlon. This competition, featuring 200 eager participants, brought collectors and enthusiasts together for a riveting test of coin-related knowledge. From the intricacies of coin grading to the history of numismatics, the event turned out to be both educational and entertaining. Key Takeaways
-
Best Way to Buy a Gold Coin In 2024
Gold coins have long been a symbol of wealth and a trusted means of preserving value over time. Whether you are a seasoned investor, a collector, or a first-time buyer, purchasing gold coins can be a wise decision, especially in times of economic uncertainty. However, with so many options available, it can take time to
-
What Are the Gold Coin Denominations?
Gold coins have a rich history as currency, investments, and collectibles. Over the centuries, various denominations of gold coins have been produced by different countries, each with unique specifications, historical significance, and value. Understanding these denominations is crucial for collectors, investors, and anyone interested in the history of currency.  The Historical Background of Gold Coin
-
A gold bar is now worth $1 million
Gold has reached a remarkable milestone, with the value of a single gold bar now surpassing $1 million for the first time, driven by soaring prices for this precious metal. The price of spot gold recently climbed above $2,500 per troy ounce, setting a new record. Given that a standard gold bar typically weighs 400
How can we help you?
Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!