GMRgold Blog

Because of the aesthetic appeal of silver, it is used all around the world for different reasons. It is used in multiple industries and is quite in demand. This is why the demand for silver has been on a constant rise, which has also pushed its price. The metal recently hit new highs and is expected to continue to increase in value in the future as the minting of this precious metal isn't growing at the same pace as its demand. We must also mention that silver is commonly bought and sold by...

Silver Exchange Trade funds were launched in the 2000s along with gold exchange traded funds. The idea behind this was to trade certificates backed by silver rather than trading real silver. These certificates were administered by brokers who ensured authenticity and smooth processing of trading. Gold ETFs were very well received when they were first launched. Most people expected silver ETFs to receive a similar response, which is why they were also launched in a big manner. The idea for...

In the business of buying and selling, understanding the worth and value of Silver Dollar coins is extremely crucial. It can largely vary depending on factors such as the rarity of a coin and the condition it is in. For example, a Silver Morgan dollar coin ranges from a few dollars to thousands of dollars depending on its grade, quality, and rareness. If a coin is rare then the dealers pay little attention to the condition but if it is not rare then the condition is all they focus on. If...

The Silver Eagle coin was first launched by the US government in 1986, yet it continues to be in demand and is arguably one of the most popular silver coins of all time. It is known for its incredible design and is readily available, which makes it a good option for investors interested in silver coins. The head of the coin has some beautiful features designed by Adolph Weinman and the tail of the coin has a heraldic eagle designed by John Mercanti. This is why it is called the Silver Eagle...

The 15th of August, 2021, will mark as the 50th anniversary of the abandonment of the gold standard in the US. Although gold still looked the same, a drastic change occurred in its value over the years. The country abandoned the gold standard quite successfully in 1933, and went on to fully break the link between the dollar and gold in the year 1971 Nearly fifty years ago, when it was abandoned, it valued at a mere figure of 35 US dollars per ounce. Forty years later, its value increased...