gold at cost

gold at cost

Gold USD 1174.84   per Ounce
Silver USD 14.57   per Ounce
Platinum USD 780.89  per Ounce
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In the News

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Scandal-Proof Your Gold Holdings

The safety of investing in physical gold and silver through bullion and coin purchases, as opposed to futures contracts, is highlighted by the Commodity Futures Trading Commission’s sweeping action against three leading international banks. Germany’s Deutsche Bank, Switzerland’s UBS, and Hong Kong’s HSBC all settled charges that they engaged in efforts to manipulate the U.S. precious metals futures markets through “spoofing” schemes. Spoofing is an effort to fool traders by engaging in the illegal practice of entering large buy or sell orders View More

Treasury Secretary Gives Gold a Green Light

Treasury Secretary Steven Mnuchin’s apparent endorsement of a weaker dollar in the near term is a bullish signal for gold investors because of the precious metal’s inverse relationship with the greenback. “Obviously a weaker dollar is good for us as it relates to trade and opportunities,” Mnuchin told reporters in Davos, Switzerland at the World Economic Forum, according to Bloomberg. The currency’s short term value is “not a concern of ours at all,” he added. Mnuchin’s comments, highly unusual for a Treasury View More