Precious Metal & Rare Coin Market News

Price of gold rising

The Truth about Gold and Fed Easing Cycles

Gold, Investment, Market News |
There is an often-quoted market adage: "In Wall Street, what has happened before will happen again." It's true. Investors who look at market cycles and invest accordingly can benefit from the knowledge of history. That leads us to one of the biggest economic questions of 2024 for gold investors: What does history tell us about how gold performs during Fed easing cycles? New research from the Wells Fargo Investment Institute provides the answer: "the average ... >> Read More        
Federal Reserve Building

Breaking news: Fed says rate cut could come in Sept. Gold climbs!

Gold, Investment, Market News |
Fed Signals Rate Cuts May Come Before Election Gold traded higher after the Federal Reserve held interest rates steady at its meeting today. However, the central bank made an important pivot in how it talked about the economy, signaling to Wall Street that it is getting closer to an interest rate cut. Gold is climbing in afternoon trading at $2,449.90, not far from its record high set earlier this month at $2,469.70. At the Fed's post-meeting press ... >> Read More        
Gold Medal from 2022 Bejing

Chasing the Dream: An Olympic Gold Medal

Gold, Market News |
This summer in Paris, 10,500 of the best athletes from around the globe will compete across 32 different sports for the ultimate prize: an Olympic gold medal. As billions of viewers around the world watch the hope, glory and defeat, competing at the Olympic Games is the moment these athletes trained a lifetime for. To these athletes, the value of winning a gold medal at the Olympic Games could never be measured in dollars, but ... >> Read More        
AI

Is This An AI Stock Market Bubble?

Gold, Market News |
Cracks in the 2024 stock market bull are starting to appear. In just five trading days in mid-July, the so-called Magnificent Seven (Nvidia, Microsoft, Alphabet, Tesla, Apple, Meta and Amazon) tumbled lower, shedding a stunning $1.128 trillion in market capitalization. That marks the biggest loss since May 2022. Many Wall Street pros have been voicing worries about the rapid increase in stock prices this year, along with the high valuation levels and the euphoria around ... >> Read More        
1793 Flowing Hair Wreath Cent Vine and Bars

An Elusive Rarity: 1793 Flowing Hair Wreath Cent Vine and Bars

Market News, Rare Coins |
There are rare coins and then there are ultra-rare coins. The 1793 Flowing Hair Wreath Cent Vine and Bars is a landmark coin, which is virtually impossible to find in high grades today. The survival estimate stands at only 8 for grades 65 or better. It is still an extremely hard-to-find rarity in grades 60 or better with only 40 survivors. What makes this large copper cent one of the most desirable specimens for astute ... >> Read More        
Job Report

Gold Leaps to 6-Week High After June Jobs Report

Gold, Investment, Market News |
If you are looking for a new job, the latest U.S. employment report won't come as a surprise. It is getting harder to find a new job. Spot gold jumped to over $2,300 an ounce—a six week high— following the June jobs report, which painted a decidedly weaker-than-expected economic picture, and boosted odds that the Federal Reserve will cut rates twice in 2024. Silver prices also rose on the news, trading over $31.00 an ounce ... >> Read More        
High New Work Investors

6 Mistakes High Net Worth Investors Make

Gold, Investment, Market News |
Traditional economic theory is based on the idea that investors make rational decisions. However, humans are emotional beings, which means investment decisions can sometimes be driven by emotional factors. Indeed, the latest Capgemini World Wealth Report 2024 discovered that 65% of high net worth individuals are influenced by behavioral finance biases when making investment decisions—especially during emotional life events such as marriage, divorce and retirement. Throughout their lifetime, investors make many decisions including whether to ... >> Read More        
1799 Funeral Metal

An American Treasure: 1799 Funeral Medals Honored George Washington

Market News, Rare Coins |
Following President George Washington's death on December 14, 1799 at Mount Vernon at the age of 67, the entire nation went into a deep state of mourning. With his passing, Washington transcended into a truly legendary American hero, and today schoolchildren are still taught in great detail about the Father of Our Country—the Revolutionary War general who became the first president of the United States of America. In the days after his death, local governments ... >> Read More        
Grocery store aisle

Americans Tighten Their Belts: Weaker-Than-Expected Retail Sales

Gold, Market News |
Amid high inflation and high interest rates, Americans kept a tighter grip on their wallets this spring and cut back on discretionary spending, which could have big repercussions for the economy ahead. In May, retail sales came in weaker-than-expected at 0.1%, the Commerce Department reported. That is well below expectations for a 0.3% increase. What's more the government downward revised April's retail sales data to show a 0.2% decline. Gold swung from negative to positive ... >> Read More        
obverse and reverse Roman Empire Galba Aureus

10 Rare Ancient Roman Coins That Collectors Are Dreaming Of

Market News, Rare Coins |
From portraits of powerful emperors to depictions of mythological figures, it is easy to see why Roman coinage captivates numismatists. While the world of Roman numismatics is vast and complex, navigating its intricacies is made simpler with our list highlighting gold and silver rare Roman coins’ value and history. This piece will discuss: The most valuable rare Roman coins. The factors contributing to the rarity of Roman coinage. Sourcing gold rare Roman coins online. Watch ... >> Read More