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Supply and Demand Gold: Global demand for gold comes largely from jewelry and investment purposes. Its supply is relatively stable, with mining and recycling accounting for most of the availability.
"Gold is the best hedge against inflation; however, silver has industrial properties," Conners says. "Should the economy accelerate from current levels, silver may outperform.
As the gold cost hovers around $3,200 and the price of silver clocks in at around $32, the gold-silver ratio is generally high at the moment. "It's just shy of a hundred to one, so 100 ounces of ...
Plus, gold and silver can serve as a means of portfolio diversification. If you’re heavily invested in stocks and bonds, this gives you a way to add another asset class to your portfolio.
Gold prices jumped on Wednesday following news reports that U.S. President Donald Trump planned to fire Federal Reserve Chair ...
At the last gold bull-market peak in 2011, the gold-to-silver ratio fell to 32. As an example, if the gold price rises to $5,000, that would imply a move in silver to roughly $150 an ounce ...
Yes, the IRS may know if you sell gold or silver, especially if the sale meets certain reporting thresholds. Dealers are required to file Form 1099-B for specific types and quantities of precious ...
Texans are to be allowed to pay with with gold and silver for everyday transactions after Governor Greg Abbott signed House Bill 1056 into law. The law, which was championed by Republican state ...
Utah was the first state to legalize gold and silver as legal tender in 2011. The legislation headed to Kehoe’s desk was considered a compromise version of the bill.
Happening now: @GovRonDeSantis is in Apopka to sign HB 999 which “sets in motion #Florida ’s full recognition of gold and silver as legal tender, giving Floridians the freedom to use precious ...
Shoppers in Kansas City and across Missouri could soon be able to pay for their groceries and pay taxes with gold and silver. Missouri lawmakers this week, in a move that surprised some, approved ...