Month: July 2024

What is Spot Price – And How is it Set?

Posted - July 31, 2024
At a Glance: Spot price represents the current market value of a commodity like gold, silver, or platinum. To find the spot price of a Read More

Midweek Precious Metals Market News (31 July 2024) | Gold and Silver Rebound Ahead of Fed Announcement

Posted - July 31, 2024
At a Glance: Gold (+$38.07) gains today as the interest rates remain unchanged, Fed signals September cuts likely. In a welcome Read More

Why Buy Platinum Coins and Bars? | 7 Reasons to Add Platinum to Your Portfolio

Posted - July 30, 2024
At a Glance: Gold and silver are the most popular precious metals, so they often overshadow platinum bullion.Because of its industrial Read More

Monday Precious Metals Market News (29 July 2024) | Gold and Silver Dip, Platinum Group Metals Gain

Posted - July 29, 2024
At a Glance: Gold (-$9.79) and silver (-$.40) continued to fall this morning, 29 July.Silver continues to fall, lagging below $28/oz Read More

Precious Metals Market News (26 July 2024) | Gold Climbs Again After June PCE Keeps September Rate Cut Likely

Posted - July 26, 2024
At a Glance: Gold prices (+$26.45) increased this morning but failed to recover from Thursday's losses.PCE data released Friday (26 Read More

How Much is a Gold Coin Worth? [Updated For July 2024]

Posted - July 25, 2024
At a Glance: The melt value of a 1 troy oz gold coin is around $2,375, as of July 2024.Gold coins are always sold at premiums, so Read More

Midweek Precious Metals Market News (24 July 2024) | Precious Metals Gain On Weakened USD Ahead of GDP, PCE Data Reports

Posted - July 24, 2024
At a Glance: Gold (+$17.68) is up this morning as traders look forward to key economic data reports.Silver (+$.13) and platinum (+$19. Read More

What is a Numismatist? | Numismatics and Rare Coins Explained

Posted - July 23, 2024
At a Glance: Numismatists are experts who specialize in studying coins or other mediums of exchange.  This field, known as Read More

Monday Precious Metals Market News (22 July 2024) | Gold Challenges Key $2,400 Support, Bulls Eye Key Economic Data Releases

Posted - July 22, 2024
At a Glance: Gold (-$2.58) teeters on the edge of its new $2,400 support, moving sideways. Biden's decision to drop out of the 2024 Read More