5-STEP GUIDE TO BUYING GOLD BULLION
We’ve put together this helpful 5-Step guide to help you make the right decisions when you go to buy gold bullion, coin or certificates.
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We’ve put together this helpful 5-Step guide to help you make the right decisions when you go to buy gold bullion, coin or certificates.
Opening the week at €1,799/oz and closing the week at €1,794/oz – A relatively good week for gold all-in-all, with the exception of one dip midweek – the price and trading were strong all week.
Opening the week at €1,772/oz and closing the week at €1,801/oz – This was another positive week for gold.
Starting the week at €1,737/oz and finishing the week on €1,774/oz this was a steadily strong week for gold.
A mixed week again for gold and precious metals in general. Gold regained some composure at the end of the week as the dollar and bond yields eased but remained on course for a third straight weekly dip as strong U.S. economic data reinforced bets that the Federal Reserve will keep interest rates elevated.
A less than impressive week for gold and precious metals in general, as the CPI and PPI data did not seem to have the punch required to lift the metals.
Precious metals experienced volatility this week, with silver in particular seeing some big price moves. This time last week, gold was $1,979/oz and threatening the key $2,000/oz level but has pulled back to $1,942/oz at the time of writing.
Gold is up 2.2% in USD, and 2% in Euros for the month however – following strong gains earlier in July. Further gains are expected for gold when/if the Fed pivots to rate cuts, and forecasts suggest gold could hit a new all-time high in 2024.
We were recently privileged and honoured to have our Head of Trading – Nigel Doolin – recognised as one of the leading experts in the Gold industry in Ireland.
Dublin firm Core Bullion Traders has been announced as one of only three European distributors for the Perth Mint Certificate Program.
Core Bullion Ltd.
T/A Core Bullion Traders
Incorporated on 3 March 2020
Company Reg No.: 667769