Live Metal Prices / oz
Gold: 1900.93 USD
Silver: 24.54 USD
Platinum: 908.00 USD
Palladium: 2409.50 USD
Rhodium: 14650.04 USD
Due to increased demand, please allow at least 28 days for the shipping / collection of orders.

Gold Market News

ECB Pays European Banks 1% to Give Them €174 Billion

The ECB is about to make yet another policy decision to stimulate the economy. The EU central bank will pay European banks to give them money. Yes, you read it right. In the recent TLTRO move, t...

The Inflation Crux is Coming

It goes without saying that the global economy is in one of the most dangerous positions it has ever been in. According to Oxford economics, on average across all covered countries, the ranks of the ...

Will We See More Governments Purchasing Gold?

This week, the Venezuelan government reached a deal with the U.N. Development Programme (UNDP) to use part of its gold reserves at the Bank of England towards the purchase of food and medicine during...

Bullion Market Trends Following the Covid-19 Outbreak

The Covid-19 epidemic has hit the world hard causing a global slowdown in economic markets. Investors are making all sorts of moves to tackle the negative effect caused by the virus. From p...

Another $25 Trillion in Central Bank Printing May Benefit Gold Investors

Early last week, the Bank of Japan (BOJ) indicated their intention to further expand the money supply: “Regarding purchases of T-Bills, conducted as part of money market operations, the Ba...

Eurozone Growth Stalled by French and Italian Declining GDPs

The tough times for the Eurozone are not going away any time soon, as the 19 nation bloc reported just 0.1% growth in its GDP for the last quarter of 2019. This is the worst economic ...

How Will the EU Handle Italy's Debt?

The New Year has come with an unexpected slowdown in the markets amid the covid-19 outbreak in the Wuhan province of China. Although markets have recovered considerably since then, there a...

Why is the Palladium Price Soaring?

The price of the precious metal palladium has soared on the global commodities markets.  In the past 30 days (as of Feb 26th), palladium as seen an increase of 23% and over the l...

The Petrodollar Makes Gold Look Exceptionally Attractive

It is 1974. The world is in the middle of a global oil crisis. Western nations - Europe and the U.S. - are attempting to solve the oil crisis, a crisis that could threaten their economic future for y...

Russia to Reroute its SWF Assets into Gold

Russia to reroute SWF assets to Gold: Russia is looking for an alternative financial system against the backdrop of US sanctions. The nation now holds more than $100 billion o...

Poland Successfully Repatriates 100 Tons of Gold

100 metric tons of Polish bullion is successfully repatriated back from England. The amount equals almost half of the country’s total gold reserve.  “The (repatriated) g...

Deutsche Bank begins selling its 'Bad Bank' portfolio to Goldman Sachs

Goldman Sachs bought over $50 billion worth of Deutsche bank’s ‘bad bank’ assets. Earlier this year, DB made plans to lay off long-dated derivatives in order to c...

Germany’s Banks Downgraded Due to Risk Concerns.

Accounting for approximately 28% of Europe's economy, Germany's economy can be described as a developed social bank economy and is reportedly the fifth-largest by GDP and fourth by...

Is China Entering a Recession?

Is it possible that China is entering or may be in a recession? China's growth rate has dropped more than 50% and public debt has reached record highs. Is one o...

Could The Yellow Vest (Gilets Jaunes) Movement Lead To A Frexit?

Just last year Gilets-Jaunes threaten another revolution exactly a half-century after May 68. Protests were initially sparked by fuel tax hike, but have turned into revolutionary movement against the...

The Problem with Global Debt

The global economy is in a fascinating place.  On the one hand, GDP growth rates around the global have been coming down in most of the world’s advanced economies for the past y...

Germany May Introduce a Shadow Budget

Germany is usually known for its conservative approach to fiscal policy as well as for its balanced budgets. Yet Germany is now looking to introduce a second, shadow budget ...

Is a New Era of Central Bank Foolery Upon Us?

In the past decade, central banks have figured out that they can print money and expand their balance sheets without paying the price of higher inflation. Very strange.   This age...

Could the Silver Market Be Cornered Again?

Silver is the subject here.  The question is simple: Could the silver market be cornered again?  If one’s reply to this question is – what, when was the silver market ever corne...

The ECB Will Print More Money

The year has been nothing short of awesome for owners of gold.  The yellowish precious metal started the year at €1,117.  As of writing, the London PM price of gold was up to €1,3...

There Is No Way For Italy to Manage its Debt

Italy, which is one of Europe’s biggest economies and a member of the Eurozone, is about to be engulfed in a debt crisis, with no apparent way out. Normally the European Union would be foc...

Who Doesn't Love a Currency War?

One of the most interesting topics in the field of economics, or of the global markets in general, is the topic of currency wars.  At their core, currency wars are really just wars without guns,...

Germany's Entirely Negative Yield Curve Should Be Good for Gold

Bond markets are in territory the world has never seen before.  At least a quarter of all investment grade debt is trading at a negative yield.  And, for the first time ever, the entire Ger...

Russia Is Holding More Gold Than Ever To De-Dollarize Its Reserves

World governments are currently increasing their gold reserves in order to hedge against inflation. Russia has had one of the largest net increases in gold reserves worldwide, reserving and buying mu...

The Price of Gold in Oil

Typically, assets are measured in a fiat currency, such as the price of a home in euros or dollars.  The world’s most popular precious metal – gold – is no different.  A...

Why is Gold Valued More in Some Parts of the World Over Others?

Gold, the time-tested store of value through the ages, is really an odd commodity.  The metal can be used in processors, computers, medicine, and dentistry.  Gold is also employed in aerosp...

Russia’s Massive Gold Accumulation

A Shopping Spree From January to April of 2019, Russia obtained 56 tonnes of gold, and bought 37.3 tonnes of that between January and February. In the month of March alone, Russia bought 18.7 t...

The Decade of Gold and Palladium

The financial world, there is no lack of ratios.  Financiers have come up with ratios such as the P/E ratio (which is the price of a stock relative to its ratio), the bid to cover ratio (which i...

Italy Considers Launching New Currency to Counter Excessive Debt

Retaliation Italy is under the first ever “Excessive Deficit” ruling in EU history. Italy is further being threatened by the European Commission, which could impose a 3 billion euro fine...

The End of The Current Globalization Period

The third age of globalization – the age the world is in now – looks poised to run out.  The question today is whether the world will enter the fourth age of globalization – th...

US China Trade Wars Benefit Gold Holders

Owners of gold have seen their precious metal appreciate fairly reasonable in the past nine months.  On August 1, 2018, the London PM price of gold was floating just shy of $1,220 per troy ...

The European Central Bank Is Facing These Three Major Problems

The European Central Bank is currently facing some major problems on multiple fronts. The perception of security that has build the reputation of the ECB is now on the cusp of collapse. The ECB ...

Europe's Financial Crisis – Can They Pull Through?

The European Union has started to face difficult financial times. Europe’s financial conditions have been caused by a combination of poor policies and increased strain on the EU’s banking...

The Looming Sovereign Debt Crisis

Recently, three well-known economics professors (two of which work at the Kiel Institute for the World Economy) released a fascinating look at sovereign defaults.  The paper, title “Sovere...

Debt's Negative Yields Paint an Ominous Picture

Debt has control over a large portion of the world – at least that’s what we hear from professional financiers. To some analysts, debt is an important driver of global economic growt...

Could Brexit Actually Boost the Pound

Unless something unexpected happens, we’re about to enter a new world of national sovereignty.  The United Kingdom will no longer be a member of the European Union.  The historic mome...

Italy's Failing Economy

Recent data has confirmed a drop in Italy’s GDP. At the same time, it appears Italy is currently facing a recession. Italy’s current impending recession follows a pattern is similar ...

Italy's Big Debt Problem

We live in the age of debt.  In the 1970s, 1980s, 1990s, 2000s, and 2010s (so far), debt has continually grown.  Over just the past ten years, global debt has ballooned another $60 trillion...

Moving Away from the US Dollar

The United States was once the biggest economy in the world, but recently cracks have started to appear. The most noticeable issues are America's increasing debt load and a potential trade war wi...

How will Gold React to a Looming Recession?

If you are a watcher of global markets, you’re likely aware that markets are concerned about a potential global slowdown.  Should a recession happen in 2019 or 2020, what would it mean for...

Gold Popularity Across the Globe

Every now and then the World Gold Council releases figures on gold demand by country, central bank purchases, and a host of other areas.  Their most recent release – net flows into an...

Italian Debt Levels

New analysis of Italy’s debt has come to two potentially damaging conclusions, which could have a large impact on the markets. First, that many other European countries owe Italy debt, which me...

The Year of Palladium

If you’ve been watching the financial markets, one area that you hopefully haven’t been missing out on is the precious metals markets. The precious metals – gold, silver, platinum, ...

The World Economic Forum and the Gold Price

Perhaps the most newsworthy event of this past week was the World Economic Forum in Davos, Switzerland.  The event brings together leaders from around the world to discuss pertinent economics to...

Brexit or Gold? Looking at Global Interest

If you look around the world, you will find a host of issue that could have far-reaching impacts on the future of the global economy.  In the UK, the top issue is Brexit.  The final outcome...

Hungary Increases Its Gold Reserves

In a fascinating turn of events this October, the MNB (Magyar Nemzeti Bank), or Hungarian Central Bank has announced a nearly 10-fold increase in Hungary’s gold holdings. Almost all countr...

What Countries Produce the Most Gold Per Annum?

If you are new to the gold market, you might be surprised to know that gold production is heavily concentrated in only a select few countries.  In 2017, the top country for gold production ...

Which Central Banks Hold the Most Gold Reserves?

Which Central Banks hold the highest gold reserves? Would you guess the richest country in the world – the United States – as the top holder of the world’s most renowned metal?...

Which Central Banks are Increasing Gold Holdings?

What central banks and other official entities do can affect the price of gold. With this backdrop, which central banks would you guess are stockpiling gold in 2018? Which central banks are net ...

The War on Physical Money

There is a war on physical money. Stores and retail establishments all over the West are beginning to refuse cash as payment. This is part of a wider trend forcing customers to rely on debit and cred...

Palladium Remains Strong

Precious metals prices have been under significant pressure as the market shrugs of political uncertainty in Europe. And the U.S Federal Reserve looks likely to increase interest rates in June. Howev...

Democracy and Gold

2016 has been an exciting year for democracy. With the United Kingdom’s Brexit vote and the election of Donald Trump in the United States, voters have demonstrated their ability to shake up the...

Precious Metals Investment Opportunity - Palladium & Rhodium

  Platinum, palladium and rhodium do not follow the price patterns of gold and silver. Unlike gold and silver, platinum and palladium prices can be hugely affected by external factors, incl...