Category Uncategorized

Gold at 5-Week High as Trade War Dampens Dollar

As expected, U.S. President Donald Trump couldn’t conclude his dinner with Chinese President Xi Jinping without giving Wall Street something to cheer about. And the resultant delay in new tariffs on China bumped up not just equities on Monday, but also gold, which hit five-week highs at the dollar’s softening. Gold futures for February settled […]

New data shows, Gold worth $37 billion traded in London each day.

London is a global gold trading hub but most transactions are made in over-the-counter trades between banks, brokers and dealers who have been reluctant to reveal their activity. With regulators pushing for greater transparency, LBMA members have begun reporting trades that settle in London and Zurich, another trading center closely connected to London. “For the […]

Gold / Silver / Palladium Outlook: November 19 – 23

This week metals traders will be watching developments around global trade tensions and geopolitical risks, as well as moves in the U.S. dollar, after gold prices moved up more than 1% last week. Safe haven demand for the yellow metal was underpinned following the mounting uncertainty over the outlook for the global economy. December gold […]

Gold prices settle up by more than 1% for the week; palladium sets another record.

Gold prices climbed Friday to tally a 1.2% gain for the week. U.S. and European stock indexes declined and the dollar softened for the week, providing a boost to prices of the yellow metal. December gold was up by $8, or 0.7%, to settle at $1,223 an ounce. Palladium futures, meanwhile, settled at another record […]

1969-1973 era Rolex #1680 “RED” Submariner

New purchase, very original. Not for sale.

Gold climbs after midterm elections

Gold futures posted their first climb in four sessions on Wednesday, buoyed by a weaker dollar in the wake of midterm elections that will leave the U.S. with a divided Congress. I view the results as supportive of higher gold prices because the only thing that comes out of a gridlocked Congress is higher spending. […]

Capped Bust & Seated Liberty Half Dime Collection

We just got in this complete set of Capped Bust & Seated Liberty Half Dimes Capped Bust 1829–1837 1829 Capped Bust half dime Production of half dimes resumed in 1829. All coins were minted at Philadelphia and display no mintmark. The high circulating mintage in the series was in 1835, when 2,760,000 were struck, and […]