Precious Metal & Rare Coin 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        

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        

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        

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        

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        

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        

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        

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        

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        

Heading into the second half of 2024, the U.S. economy is slowing down, inflation is still above the Federal Reserve's target rate, and gold has climbed to a series of new record highs. As investors look ahead, here are three factors to consider as you position your portfolio for the changing macroeconomic landscape. Making History: Interest Payments on National Debt Set to Exceed Defense Spending The U.S. National Debt continues its onward march higher and ... >> Read More