gold market

Those venturing into the world of gold and silver bullion trade for the first time might be unfamiliar with the concepts of "premium" and "spot price". What exactly are they and how will it affect the price of gold and silver products? Let us take a closer look at what it really means when we talk about the premium and...

Remember gold? It seems like only six years ago the shiny metal was flavor of the month, hitting a record $1,900 a troy ounce while its backers prophesied the end of the fiat money system.  With bitcoin sucking up all the crazy in financial markets, gold looks to have lost its luster. The CBOE/Comex Gold Volatility Index, a rough proxy...

Last December, the Iranian government of Hassan Rouhani passed a bill to change the name of Iran’s national currency from the rial to the toman. This would require a redenomination in which one zero was lopped off Iran’s unit of account, as 1 toman is equal to 10 rials. Without a change in the monetary and exchange rate regime, the...

By now, most Americans are familiar with the economic basket case that is Venezuela. The country’s economy has collapsed, leaving the population desperate and starving. The human cost is highly visible and tragic, but what gets less attention is the way in which the government has destroyed the country’s currency, thereby making it impossible for citizens to buy basic necessities...

For millennia, people believed that the sun revolved around the earth, appearing, as it did, on the eastern horizon in the morning and setting on the western horizon in the evening. Greek astronomer Aristarchus of Samos is generally credited with the concept that the universe is heliocentric, with all the planets revolving around the sun. Yet it took a further eighteen...

You may ask: - Is this a good time to buy gold? - Or, is this a good time to sell gold? - How do I assess the gold market today? For a start, I believe we must understand the relationship between demand, supply and prices of gold. They are interrelated. For instance, high demand and low supply of gold...

Petaling Jaya, 10 August 2017 - Nubex Sdn Bhd, a legal producer and distributor of gold and silver bullions in Malaysia launched a special edition coin on 7th of August 2017 in commemoration of Malaysia’s 60th year of independence. The silver dirham coin is made of 99.9% pure silver weighing 5.950 gram and minted only in 3000 exclusive pieces via their online...

In 2008, we had the Global Financial Crisis. Stocks tanked. Gold rose rapidly. It has ignited a global rush to get the yellow metal. This includes central banks, billionaires, and millions of individual investors worldwide. After all, gold is regarded as a safe haven against a plausible economic disaster in the near future. This rush has also caught up in...

Today, we are living in challenging times. Gone are the days when job security brings financial security. Millions realized that it now takes more than a fixed salary to get ahead financially. Thus, many begin to seek for investment opportunities to create additional sources of income and to build wealth. Regrettably, there is an emergence of con artists to deceive...

Bill Gates’s net worth still beats bitcoin’s entire market cap. Not all money is created equal. Bitcoin burst into our financial consciousness like a fiery comet, setting the internet ablaze with visions of upending the existing global money system. Yet, by its nature as a cybercurrency, whose legitimacy only exists in the ether, its credibility leaves much room for debate...