3 Benefits of Investing in Platinum

After rhodium, platinum is the most valuable precious metal in the world. Of course, this means that investing in platinum has a number of benefits. Because of its wide usage and versatility, it is often considered even more valuable than rhodium. The cost of one ounce of platinum in October 2020 is roughly around $873. …

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How Does Gold Investment Protect You from Inflation?

When inflation occurs, the prices of goods and services in the economy begins to increase at a higher rate than usual. This means that for the same amount of money (let’s say $20) you are able to buy much less than you were able to in the past. To save their wealth from decreasing in …

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How Does The US Election Affect The Gold Market?

The date’s been decided. On Tuesday, November 3rd, 2020, the United States of America will choose its 46th President. While the battle between the two leading contestants, current president Donald Trump and former Vice President Joe Biden, is neck-to-neck in many states, Americans are glued to their TV screens and social media to keep an …

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What is More Affordable: Gold ETFs or Physical Gold?

When choosing to invest in gold, you have the option of choosing either physical gold, or gold ETFs. ETFs are exchange traded funds. These funds invest the money into standard gold bullion. The value of the ETF depends on the price of physical gold in the market, and investors hold units of the ETF that …

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Would It Be Better To Buy Gold Coins, Large Gold Bars Or Small Gold Bars?

Are you confused about which type of gold bullion you should be investing in? You’re not alone! Whether you’re a new investor or a seasoned financier, doing your research before investing your hard-earned savings will always help you down the line. Knowing the value of your investment, how long you plan to keep it, and …

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How Much of Your Wealth Should You Invest in Precious Metals?

Precious metals are a great addition to your overall wealth. As their value rises over time, so does your wealth. In most cases, precious metals can also act as an inflation hedge and protect you from the devaluation of money. But the question remains as to how much of your money you should spend on …

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Where Can You Sell Gold?

Gold is often bought for the purpose of reselling later on. People will invest in a gold IRA so that they have some form of wealth to fall back on during their retirement, or in case of emergencies. Usually, selling gold bullion can get you great returns on your investment if you sell it at …

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The Top 3 Gold Producing Countries

Being one of the four most precious metals in the world, gold is certainly something to be valued. Over the past 12 years, the production of gold has increased every single year or has remained constant, except in 2019, when the worldwide production of gold experienced a slight decline. This decline is predicted to continue …

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How Often Do Silver Prices Fluctuate?

Precious metal markets are open 23 hours a day. But these facilities aren’t immune to market changes during the one hour that they close down. Hence, if we assume that silver prices change every 30 seconds during the day, you’ll see a change in their value more than 28,000 times in a day. But this …

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3 Things You Should Know About Taxes on Silver

When investing in bullion, there are many complications regarding taxes. While tax calculation on ETFs is very straightforward and simple, the same cannot be said for the purchase of physical silver and other precious metals. Furthermore, the tax implications of buying and selling silver differ from each other, making the situation even more complicated. When …

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