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Category gold market

China’s Reduced Physical Gold Demand Cools Prices After May Peak

China’s Reduced Physical Gold Demand Cools Prices After May Peak

While gold reached a record high in May at $2,450 per ounce, it has since settled at $2,329 per ounce. According to the World Gold Council, China’s...
Precious Metals Shine: Gold Hits Record High, Silver Sees Substantial Gains

Precious Metals Shine: Gold Hits Record High, Silver Sees Substantial Gains

The price of gold continues to hit unprecedented highs, with one troy ounce of .999 fine gold now trading at $2,298. Silver is also beginning to ri...
Silver Left Behind as Gold Claims the Spotlight With Record Price Spike to $2,233 per Ounce

Silver Left Behind as Gold Claims the Spotlight With Record Price Spike to $2,233 per Ounce

This week, the value of gold soared to an unprecedented peak, hitting $2,233 per troy ounce as of March 29. In contrast, silver has not exhibited t...
Report Reveals East Is Challenging West’s Long-Standing Gold Pricing Dominance

Report Reveals East Is Challenging West’s Long-Standing Gold Pricing Dominance

A new report unveils a surge in gold acquisitions by Eastern nations, challenging the West’s long-standing dominance in gold pricing and altering t...