Blog
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How high is gold going to go?
- September 25, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold
No CommentsGold has long been seen as a haven during economic uncertainty, geopolitical tensions, and market volatility. Its price trajectory has captivated investors, economists, and market analysts in recent years, leading many to wonder how high gold can go in the coming months and years.  What are the factors driving gold prices up?  A complex web
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Gold prices reach record high amid weak dollar
- September 23, 2024
- Posted by: Agbaje Feyisayo
- Category: News
Gold prices reached new record highs on Friday, driven by a weaker U.S. dollar, growing expectations of further interest rate cuts by the Federal Reserve, and escalating geopolitical tensions in the Middle East. The surge in gold prices comes despite relatively muted physical demand in Asian markets, highlighting the metal’s role as a global haven
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Offshore Gold Storage
Offshore gold storage has become increasingly popular for individuals and institutional investors seeking to diversify their wealth and protect their assets. By storing gold in foreign vaults, investors can benefit from enhanced privacy, security, and protection from political or economic instability in their home countries. This article will cover offshore gold storage, exploring why it’s
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Are Gold Coins a Good Investment?
Gold coins have long been considered a symbol of wealth and prosperity, and over the years, they have gained prominence as a viable investment option. Many investors look to gold coins to diversify their portfolios, preserve wealth, and protect themselves against economic uncertainties. But is investing in gold coins truly a good decision? To answer
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Silver soars 4.5% as gold reaches new heights
Gold futures edged closer to a significant milestone on Thursday, 12th of September, 2024, as the price came within $15 of reaching $2,600 per ounce, underscoring the continuing rally of the precious metal in the market. Silver also joined the upward trend, marking a significant rise alongside gold. Gold settled at $2,587.30 per ounce, hitting
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How to Store Coins Safely
- September 17, 2024
- Posted by: Agbaje Feyisayo
- Category: Coins
Storing coins safely is essential for preserving their value, especially for collectors and investors who deal with precious metals or rare numismatic pieces. Improper storage can lead to damage, such as tarnishing, corrosion, or physical wear, which can significantly diminish a coin’s value.  The Importance of Proper Coin Storage Coin collecting and investing require more
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Gold Prices Breakout: What it Means for Investors
The recent surge in gold prices has captured the attention of investors and market analysts alike. With the December gold futures contract reaching a notable $2,587.60 per ounce, just shy of the $2,600 milestone, the breakout is being hailed as a bullish signal for the gold market. This article delves into the implications of this
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Gold prices forecast to climb to record high
Gold prices have surged to remarkable heights this year, breaking records and showing potential for continued growth into early 2025. A combination of favorable economic conditions, central bank buying, and geopolitical uncertainties have driven the rise. After reaching more than $2,500 per troy ounce in August, analysts predict the precious metal could soar to $2,700
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Best way to sell gold and silver
- September 16, 2024
- Posted by: Agbaje Feyisayo
- Category: Buy Gold, Gold, Silver, Uncategorized
Selling gold and silver can be profitable if approached with the right strategies. Whether you have coins, bars, or jewelry, it is important to maximize the value you get while minimizing risks.  The value of these metals fluctuates regularly, driven by global economic conditions, inflation, supply and demand, and geopolitical instability. A strong market means
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What is an ESOP Rollover to IRA?
An ESOP (Employee Stock Ownership Plan) is a retirement plan that provides employees with ownership interests in their company. Over time, employees accrue shares in the company, and when they leave, retire, or if the company terminates the plan, employees can choose to roll over their ESOP distributions into another retirement account, such as an
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!