What happens when the US Dollar Increases?

With the U.S. dollar considerably strengthening against other major currencies in recent months, you might be wondering: Why is this happening? The value of one currency against another is in large part a function of central bank policies in each country. If a central bank pursues loose policy — low interest rates that increase the

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New Bank Notes for Switzerland

The new 200-franc note has arrived. Following the launch of the 50-franc, 20-franc and 10-franc notes, this is the fourth of six denominations in the new banknote series being phased in by the Swiss National Bank between 2016 and 2019. Notes from the eighth series will remain valid until further notice. More than 20 years have passed

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Gold and Silver Price Hit Low.. Again

Gold and silver prices are lower in early-afternoon U.S. trading Thursday, with gold back below $1,200.00. The U.S. dollar index has regained some footing and is trading solidly higher today after sliding lower most of this week, and that’s a daily negative for the precious metals markets. December gold futures were last down $9.40 an ounce at $1,193.90. September Comex silver was last down

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Gold Ends Near One-Week Low, Marking First Loss in Five Sessions

Precious metals futures finished lower Thursday. Gold’s loss was its first in five sessions. Gold for December delivery dropped $9.30, or 0.8%, to close at $1,194 an ounce on the Comex division of the New York Mercantile Exchange. The finish was the lowest since last Friday, Aug. 17. “The U.S. dollar index has regained some footing and is trading solidly

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Precious Metals Futures at ALL TIME LOW

Precious metals futures sank Wednesday with losses ranging from 1.3% for gold to 5.9% for palladium. Gold dropped to a more than 18-month low while silver marked its worst finish in over 30 months. Elsewhere, palladium ended near a 13-month low while platinum dropped to its worst point in nearly a decade. Gold for December delivery

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PCGS Certifies 1875 20 Cent Die Trial

Die Trials are usually uniface (struck on one side) impressions using either the obverse or reverse die. These Die Trials can be fromfinished or unfinished dies. These are deliberate strikes to test a certain design or example. Metals other than the adopted composition are frequently used to strike hub trials and die trials. They are

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