Silver Rises Over 120% YTD  Invest Now  arrow small top right

close

Haven Asset Regains Momentum: Gold Surpasses $2,900 Again

Gold has bounced back above $2,900 per ounce after Monday’s slight decline. The earlier drop happened during a market selloff sparked by President Trump’s warning about economic challenges from his new tariff policies.

While gold typically serves as a safe haven during uncertainty, it can face pressure when investors need cash during market turmoil. The precious metal has risen 11% in 2024, repeatedly breaking records. This growth stems from three main factors: concerns about Trump administration policies, increased buying by central banks, and expectations that the Federal Reserve will cut interest rates further—a move that benefits non-yielding assets like gold.

Physical demand has weakened in key markets like India and China. However, investment in gold-backed ETFs has reached its highest level since December 2023.

Seigniorage explained: ancient Roman silver and gold coins showing debasement layers alongside a modern currency printing press with an 11-cent coin beside a $100 bill
Articles

Seigniorage: The Hidden Tax on Every Dollar You Hold

Every time a government issues currency, it pockets the difference between face value and production cost. It’s called seigniorage. Here’s how it works, why it always ends in inflation, and why gold is the only asset that can’t be debased.

Read More »
Gold coins resting on a financial bar chart, illustrating why strong GDP data affects the gold price
News

Q1 GDP Beat. Jobless Claims Beat. Gold Rose. Here’s Why.

Strong GDP data is actually bad news for gold’s paper price. When the economy grows faster than expected, the Federal Reserve gains permission to raise interest rates — and higher rates increase the cost of holding non-yielding assets like gold. Here’s the mechanism, what June 25’s triple data release confirmed, and what it leaves unchanged for long-term holders.

Read More »

Latest News

Gold coins resting on a financial bar chart, illustrating why strong GDP data affects the gold price
News

Q1 GDP Beat. Jobless Claims Beat. Gold Rose. Here’s Why.

Strong GDP data is actually bad news for gold’s paper price. When the economy grows faster than expected, the Federal Reserve gains permission to raise interest rates — and higher rates increase the cost of holding non-yielding assets like gold. Here’s the mechanism, what June 25’s triple data release confirmed, and what it leaves unchanged for long-term holders.

Read More »

Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

talk to us

Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.