platinum

Why Buy Gold and Precious Metals?

why buy gold

Protect Your Future by Purchasing Gold and Other Precious Metals Gold has stood the test of time as a reliable store of wealth, especially in unstable times. In fact, the “gold standard” was based on tangible value – arguably the same trusted value that gold, silver, platinum and palladium still have today. Remember: A golden …

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Platinum May Surplus by end of 2018

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A newly released third quarter report issued by the World Platinum Investment Council suggests a worldwide platinum surplus for 2018. The projection is in sharp contrast to an earlier released report predicting a deficit in the precious metal through 2021. The most recent report projects the surplus to reach 505,000 ounces, up from 295,000 ounces, primarily the …

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Platinum Deficit through 2021

platinum price and report

The World Platinum Investment Council reports the global platinum supply relative to demand was in a deficit during the first three months of 2018. Despite that, compared to the final three months of 2017, investment demand was down 26 percent. The U.S. Mint has yet to announce when it plans to offer the 2018 American Eagle 1-ounce platinum bullion coin …

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2021 to 2025 Proof American Platinum Eagles Design Concepts Released

New Proof Platinum American Eagle Coin Design Concepts Released

Today, Oct. 16, the United States Mint unveiled design concepts for 2021 to 2025 proof American Platinum Eagles. The annual collector series of .9995 fine platinum coins was introduced in 1997 and has featured several design themes such as “Vistas of Liberty,” “Foundations of Democracy,” and “Preamble to the Constitution.” The current design series, which started …

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

gold spot price

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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