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The United States Mint announced in a press release that it has seen record sales of the American Silver Eagle bullion coin for the second straight year. According to the press release, “Driven by investor demand around the globe,” sales of American Silver Eagle coins reached 495,500 on Monday, bringing the annual total to date for

  Gold rose nearly 2% on Tuesday, hitting its highest price since late October, as stocks slumped and cautious comments from Federal Reserve policymakers spurred a drop in the U.S. dollar. Spot gold reached as high as $1,226.80 an ounce, a rise of 1.8%, and U.S. gold futures jumped 2.5% to $1,224.80 an ounce. This is a significant

In a CNN article titled “Good old-fashioned gold: how consumers and banks still rely on it“, authors Katie Pisa and Tracey Hobbs discuss the robust attraction to gold as a safe-haven asset that has held for thousands of years. Gold “has provided a tradable commodity which investors have turned to in uncertain times. It’s a safe haven,