Analytics

As you know, the Perth Coin House minted gold investment coins in honor of one of the 12 animals of the Chinese Lunar Calendar. Thematic products have an identical design, but with differences on the reverse (in color and without it).

Precious metals are protective assets that provide financial well-being to their owners against the background of unfavorable conditions in the stock markets and depreciation of paper currencies. On average, the "useful life" of paper currency is 25-40 years. Then, as a rule, it is depreciated if governments increase budget spending.

At the beginning of last week, the price of gold rose amid a decline in the dollar index relative to most of the leading currencies. The yellow metal also rose in price due to a negative reaction from traders to the prospect of tightening the Fed's monetary policy.

Let's talk about the forms of physical gold and the factors that should be taken into account when buying precious metal.

In recent years, interest in silver has reached a record high. This is partly due to the demand for precious metal as an investment asset. Experts believe that gray metal is an excellent tool for diversifying the portfolio. Investors buy gray metal to protect against inflation.

Gold prices are testing a new low. Now it is necessary to closely monitor the reaction of financial markets to the Fed's statement on monetary policy. On Wednesday, September 22, representatives of the US central bank announced that in November a plan will be announced to reduce monthly bond purchases.

The results of the past week: prices for yellow metal decreased amid rising yields of US government bonds and an increase in investor interest in risk assets, despite news of a possible default by the largest Chinese developer Evergrande Group.

No one wants to be caught off guard in the face of an economic crisis or a collapse in stock markets. To be sure that you are prepared for such scenarios, please answer the following 5 questions.

In early September, the yellow metal fell to $1803 per troy ounce. After the first week, precious metal quotes strengthened at $1836. Consequently, in just five days, the yellow metal rose to its highest level since mid-June.

On August 20, the Mint published a financial report for the second quarter of this year.