Gold bars

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Interested in buying gold? Find out what type of gold you should invest in, what to do when you’re ready to buy gold and how to avoid getting scammed.

Gold prices have posted slight losses on Friday, following sharp gains in the Thursday session. The base metal is trading at a spot price of $1262.70 an ounce in the European session. Gold initially dropped after the ECB announced new easing measures on Thursday, but recovered and posted gains after ECB head Mario Draghi stated […]

Jeremy R. asks: Why did America stop using the gold standard? To begin with, if you’re not familiar, “the gold standard” is a monetary standard where the basic unit of currency is gold. Of course, this doesn’t necessarily mean that gold is directly used in the transaction (though, it could be and that is known as a pure gold standard). [...]

Responding to a weaker U.S. dollar, continued contraction in global growth and wide speculation that interest rates will stay near-zero for the remainder of the year, the yellow metal broke above its 200-day moving average and is close to erasing its 2015 losses.

Spurred in part by expectations for a post-pandemic economic rebound, as well as concerns over future inflation due to fiscal and monetary expansion, several advisors chose metals and mining stocks as potential winners in 2021.

Where Should You Look For Gold Coins

Poland has stored large reserves of gold in London since the Second World War, after it was evacuated to save it from the Nazis, but began repatriating some of its stores earlier this year.