This is why the price of gold has more than doubled since 2007.Similar to gold, silver has long been considered a safe investment, especially to hedge against inflation. Like gold, silver is a precious metal and has been used historically as a currency. it is still relatively rare a...
In terms of precious metals bars and coins, the bid price (or buy price) is the current price quote to purchase that gold/silver/platinum bar or coin. The ask price (or offer price) is the current price quote to sell that bullion bar or bullion coin . What is the Price Premium on ...
Investing in precious metals like gold and silver offers several compelling benefits. First, they provide a hedge against inflation and currency devaluation. Unlike paper assets, the value of precious metals often rises when the purchasing power of the dollar declines. Second, precious metals are con...
While only about 10% of gold is used industrially, with the remainder used for bullion and jewelry, approximately 50% of all silver is used in industrial applications. Gold tends to thrive during financial and monetary crises and geopolitical uncertainty, whereas silver is more influenced by the ...
Gold & Silver Very few people understand the difference between currency and money. We have all been taught not to believe in gold or silver (as money) and most of us have grown up with paper money all our life (currency). But when did buying gold and silver become abnormal as an inve...
Physical gold coins also allow for easier transferability compared to other forms of gold, such as bullion bars. They are widely recognized and can be exchanged in various global markets, making them a highly liquid asset. Furthermore, gold coins are often considered collectible, which can ...
Invest in Gold & Silver Gold investing has long been a favored strategy for preserving wealth and diversifying portfolios. Unlike stocks and bonds, which are susceptible to market volatility, physical gold offers a tangible asset that holds intrinsic value. Its historical role as a universal currency...
Gold and Silver Bullion First of all, what the heck is bullion? Bullion is gold and silver that is officially recognized as being at least 99.5% pure and is in the form of bars or ingots rather than coins. The wordbullioncomes from the French Minister of Finance under Louis XIII, Claude...
Investing in gold and silver can be easy, fun and profitable. Anyone can learn how to start buying gold and silver as a physical store of wealth. Because gold and silver hold its value, these precious metals are both a beautiful and solid long-term investment. However, like any activity,...
The Biblical history of Silver Bullion In this infographic, we tackled the usage of precious metals in biblical times. Silver in particular plays an interesting role throughout the Bible and in folklore as well. From its usage as a currency to its industrial purposes, silver has a vast histor...