Blog
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The Best Gold in the world & Top 10 Gold Producing Countries
- March 28, 2024
- Posted by: Agbaje
- Category: Buy Gold, Gold, Gold Investing
No CommentsGold has been considered a valuable commodity for centuries for its beauty and durability and its role as a hedge against inflation and a store of wealth. As a result, gold has become an essential part of many national economies, with some countries being major producers of this precious metal. However, not all gold is
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Can I buy gold from Bank of America?
- March 27, 2024
- Posted by: Agbaje
- Category: Buy Gold, Gold Investing, Gold IRA
In an age of vast and varied investment options, many individuals turn their attention towards the timeless asset that is gold. Known for its durability, scarcity, and intrinsic value, gold has been a sought-after commodity for centuries. However, when it comes to purchasing gold, especially for those looking to diversify their investment portfolio or secure
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Federal Reserve Holds Rates But Sees 3 Cuts in ’24 Despite Inflation.
- March 26, 2024
- Posted by: Erman Ebren
- Category: Buy Gold, Government
At its March meeting, the Federal Reserve left its key interest rate unchanged at a 23-year high of 5.25% to 5.5% for a fifth straight meeting, but stuck to its forecast of three rate cuts this year despite signs that inflation may stay elevated longer. The decision means that Americans will continue to pay higher
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Gold Price Manipulation by Central Banks
- March 26, 2024
- Posted by: Agbaje
- Category: Buy Gold, Gold, Gold Investing, Gold IRA
Gold, a timeless symbol of wealth and prosperity, has played a pivotal role in shaping the financial landscape of nations since ancient times. Central banks, stewards of monetary policy, have often intervened in the gold market, either directly or indirectly. This article dives deep into the controversial topic of gold price manipulation by central banks,
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Can I buy gold from Chase?
In investment, gold has always been a beacon of stability and a symbol of wealth. Its allure, stemming from its historical performance as a hedge against inflation and economic downturns, attracts investors. For those contemplating incorporating gold into their portfolios, a common inquiry is whether it’s possible to purchase gold directly from major banking institutions,
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Gold price edges down from all-time highs as US Dollar Treasury yields revive.
In Thursday’s early American session, the gold price experienced a downturn from its recent all-time highs, touching around $2,220, as the US Dollar and Treasury yields saw a significant recovery. The US Dollar Index (DXY), which measures the dollar’s value against a basket of six major currencies, climbed back to 103.50. This rebound followed a
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Wall Street advises caution on gold prices next week
- March 21, 2024
- Posted by: Agbaje
- Category: Buy Gold, Gold, Gold Investing, News
Inflation data significantly influenced last week’s movements in the gold market, but as the week progressed, the focus shifted to the Federal Reserve and the anticipated adjustments in interest rates. Following Wednesday’s Federal Open Market Committee (FOMC) meeting, the Fed’s indication of maintaining three projected rate cuts in 2024 sparked a surge in gold prices.
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What Is Highest Price of Gold in History (Updated 2024)
- March 12, 2024
- Posted by: Agbaje
- Category: Gold
Since its discovery by the ancient Egyptians several centuries ago, gold has played an essential role in every civilization. It has been used for a lot of things, from ornaments of the rich to it being issued as some sort of currency. Since the U.S dollar became the world reserve currency, gold has played an
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Gold Hits New All-Time Record High
On 8th of March, 2024, gold prices soared to a record high, driven by anticipation of monetary easing in the U.S. and ongoing geopolitical tensions. This surge attracted momentum-driven funds, potentially setting the stage for further increases in the value of this precious metal. The broader, robust fundamental factors supporting gold include: Strong physical demand
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Gold Melt Value
The allure of gold is timeless, stretching from ancient civilizations to our modern economy. One term often associated with gold, especially in coins and bullions, is its “melt value.” This measure helps investors, collectors, and dealers assess the intrinsic value of gold items. Let’s delve deeper into this subject, focusing on gold coins from various
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