a stack of shiny gold Bullions with their branding on it

The Impact of COVID-19 Vaccine Development on Gold Prices

The COVID-19 outbreak and its consequences have led healthcare and pharmaceutical companies to develop a safe and effective vaccine to eliminate the infection. Fortunately, this worldwide endeavor is now bearing fruit as new companies continue to emerge with their 3-phase studies on their particular vaccines. Among the multiple authorized vaccines under development, Pfizer.Inc and BioNTech …

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Is Gold Performing Better Than Major Currencies of the Worlds?

In 2020, gold was the best performing asset in the world with its highest price at $2000 per ounce. Both serious investors and first-time day traders consider gold a solid investment in case of economic disasters. A survey of 1000 Americans found that one in six people invested in gold or other precious metals while …

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An image of growing coins, as investment returns grow

Factors that Move the Prices of Precious Metals

Precious metals consist of a small group of treasured commodities that include gold, platinum, palladium, and silver. Having been used as a means of currency in the past, they’re now mainly used for investment purposes and industrial uses in the modern era. Gold and silver have a higher demand than other precious metals because they’re …

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All types of coins

Fun Facts about Rhodium

Having a higher melting point than other precious metals makes Rhodium one of the toughest precious metals. The silvery-white metal doesn’t react to water or air, is highly reflective, has low density, and is considered the most valuable precious metal, given the element of rarity. Here’s a primer of fun facts about Rhodium. History An …

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A black piggy bank with several coins

Buying Gold and Silver Coins Online: Is It Safe?

COVID-19 pandemic caused an increase in digital shopping, mainly because of social distancing measures, lockdowns, and fears encircling the highly contagious virus.This has deepened concerns regarding potential frauds and cybercrimes. Buying everyday items, such as groceries online is daunting in itself, let alone the nerve-wracking experience of buying expensive commodities such as gold and silver …

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Gold bars and coins

Reasons Why Countries Are Bolstering Their Gold Reserves

The number of bullions held by the treasury or central bank of a country is called ‘Gold reserves.’ For thousands of years, gold has been known to serve as a means of exchange in transactions in different ways. Gold was used to support paper’s value, even during the 17th to 20th centuries. The US dollar …

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An ink pen lying on top of a divorce certificate

Does Your Divorce Affect Your Retirement Account?

According to the American Psychological Association, 40 to 50 percent of couples in the US get divorced. This is alarming; it could mean that if you’re married, there’s a 40-50 % chance that you could get a divorce, in which case you need to be well-informed and prepared. Typically, people get married and divorced much …

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A Retired Couple

Saving After 40: 4 Things to Keep in Mind

According to research by the National Institute on Retirement Security, over 100 million working-age Americans, which adds up to about 59.3 percent, don’t have any retirement accounts savings. This is alarming for quite a few reasons. But mainly because the earlier you start, the lesser amount goes out of your income toward your savings. But …

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A small metal briefcase holding bundles of dollars

3 Ways To Refine Your Portfolio

The pandemic this year cost the US stock market three years of profits in just the first month. This had huge implications for investors across the board. A majority of US citizens have some investment in the market. It’s been an unprecedented year for the overall economy and an eye-opener for investors who’re now looking …

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All types of coins

3 Things To Know About Opening A Precious Metals IRA

Is your current investment portfolio enough to deal with the impending financial crisis? Some financial experts have predicted that the next crisis will be much bigger than the one in 2008. According to a 2019 survey by the National Association for Business Economics, 72% of economists have predicted that a recession would occur in the …

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