GMRgold Blog

It's important to know when to sell gold as your "profit" largely depends on timing. First of all, there's no "right time? as it depends on a variety of factors including when and why you bought it. Not everyone who purchases gold has the intention to sell it. Some buy gold jewelry only because it looks good. However, a large number of people buy gold with the sole intention of investing and selling it when it increases in value. Gold prices are highly volatile. They change several times in...

Yes, it's possible to sell gold coins online. There are many websites that offer sellers a chance to sell gold coins. You can choose to fix a price or auction products through different platforms. While there's always the option to sell gold physically, online options offer more ease. Here are a few things to keep in mind when selling gold online: Choose the Right Platform This depends on several factors including where you've bought coins. If you've purchased all your coins from a single...

More investors have been turning to gold as a safe haven recently, boosting its price to over $1,400 per ounce. The reason? It stems from a convergence of three factors: a weaker dollar, lower bond yields, and rising tensions between the U.S. and Iran. For those who have invested in gold, the current climate represents increased profits in their precious metals portfolio. On June 25, gold rose 1.3 percent in one day, bringing it to its highest point since April 2013. Since then, there has...

Have Summer Gold Losses Set the Stage for Renewed Vigor in the Precious Metals Market? Gold has seen a rocky road in the August market. At the beginning of the month, the spot price was at $1,207.20, but at midmonth, it was down to $1,173.70. Although the yellow metal regained as far as $1,202.10 by August 31, there may be hope of an even brighter future for gold. Some precious metals experts are now predicting that gold could push higher in upcoming months, possibly into the $1,400s....

Drops in Precious Metals Moderated by Weak Dollar and Falling Tech Stocks During July 2018, precious metals saw significant losses. Gold, for example, took a long, slow drop through the month of July, starting at $1,250 per ounce and reaching $1,220 early on the 31st. Those numbers aren’t ideal, of course. Still, the weakening dollar played a part in moderating the drop. While gold remains bearish, investors are watchful for signs of increasing geopolitical unrest that could decrease the...