GMRgold Blog

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...

At first thought, a three-center coin doesn’t make much sense. Most U.S. coin denominations are based on the decimal system. The dollar can be seen as a whole. Two half-dollar, four quarter-dollars, ten dimes, twenty nickels, or one hundred pennies can easily be exchanged for one dollar. Yet long ago, there was a coin valued at three cents that was in common use throughout America. It was called the three-cent piece in silver, the trime, or as it’s known now, the three-cent silver. Coin...

No one enjoys a good story like an avid coin collector. The story behind a coin may be personal, such as how you found the coin or which relative gave it to you. Or, a coin’s tale may be related to a globally significant event. War nickels fit this description beautifully, and you may have your own personal story of discovery, too. Their stories are embedded in personal, American, and world history. So naturally, war nickels have fascinated coin collectors for decades. Coin Details The...

The Silver American Eagle and the Gold American Eagle are among the most beautiful coins in the world. Although these coins make great additions to a precious metals portfolio, their attractive appearance gives them something special beyond the intrinsic value of the metals. Who created these magnificent coin designs? The two designers Adolph A. Weinman and Augustus Saint-Gaudens stand out as two of the most brilliant coin designers in the history of the United States. Gold American Eagle...

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....