Category: gold

How Much Is a Pound of Gold Worth?

For years, the precious metals market has attracted many individuals looking to diversify their investment portfolios and secure financial freedom by purchasing and selling gold, silver, and more. Gold products, in particular, remain the most popular among investors, as this precious metal has unmatched durability, impressive resistance to corrosion, and a historical value that dates…


Metal Detectorist Uncovers Hoard of Gold, Jewels, Silver Coins Buried in Viking Gravesite 800 Years Ago

The traveler deposited the stash of gold, jewels, and silver coins near the Viking burial mounds in Haithabu some 800 years ago. Whoever that traveler was, and for whatever reason, he or she never returned to collect their treasure. Just recently, this hoard of precious items has again seen the light of day after it…


Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 3)

Benchmark U.S. crude oil for April delivery rose $1.52 to $79.68 a barrel Friday. Brent crude for May delivery rose $1.08 to $85.83 a barrel. Wholesale gasoline for April delivery rose 5 cents to $2.75 a gallon. April heating oil rose 4 cents to $2.91 a gallon. April natural gas rose 24 cents to $3.01…


Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 2)

Benchmark U.S. crude oil for April delivery rose 47 cents to $78.16 a barrel Thursday. Brent crude for May delivery rose 44 cents to $84.75 a barrel. Wholesale gasoline for April delivery rose 3 cents to $2.70 a gallon. April heating oil was unchanged at $2.87 a gallon. April natural gas fell 4 cents to…


Closing Prices for Crude Oil, Gold and Other Commodities (Mar. 1)

Benchmark U.S. crude oil for April delivery rose 64 cents to $77.69 a barrel Wednesday. Brent crude for May delivery rose 86 cents to $84.31 a barrel. Wholesale gasoline for April delivery rose 3 cents to $2.67 a gallon. April heating oil rose 6 cents to $2.87 a gallon. April natural gas rose 6 cents…


Why Russia and China are Stockpiling Gold; Central Banks Quietly Buying Gold At Fastest Pace In 55 Years | Facts Matter

China and Russia have been stockpiling massive amounts of physical gold. However, it’s not just Russia and China. Looking across the entire world, it seems like most central banks are in the process of increasing their stockpiles of gold. In fact, according to the World Gold Council, central banks bought a record 399 tons of…


Closing Prices for Crude Oil, Gold and Other Commodities (Feb. 28)

Benchmark U.S. crude oil for April delivery rose $1.37 to $77.05 a barrel Tuesday. Brent crude for April delivery rose $1.44 to $83.89 a barrel. Wholesale gasoline for March delivery rose 6 cents to $2.43 a gallon. March heating oil was unchanged at $2.82 a gallon. April natural gas rose 2 cents to $2.75 per…


Closing Prices for Crude Oil, Gold and Other Commodities (Feb. 27)

Benchmark U.S. crude oil for April delivery fell 64 cents to $75.68 a barrel Monday. Brent crude for April delivery fell 71 cents to $82.45 a barrel. Wholesale gasoline for March delivery rose 1 cent to $2.37 a gallon. March heating oil rose 2 cents to $2.82 a gallon. April natural gas rose 18 cents…


The Cost of Investing in Precious Metals

Gold and silver and other precious metals like platinum and palladium provide valuable security in times of financial turmoil. Despite price fluctuations, physical precious metals pose no credit risk and retain an intrinsically high economic value even when the stock market crashes. What are the costs of precious metals investing, and what associated expenses are…


Closing Prices for Crude Oil, Gold and Other Commodities (Feb.24)

Benchmark U.S. crude oil for April delivery rose 93 cents to $76.32 a barrel Friday. Brent crude for April delivery rose 95 cents to $83.16 a barrel. Wholesale gasoline for March delivery fell 2 cents to $2.36 a gallon. March heating oil rose 9 cents to $2.80 a gallon. March natural gas rose 14 cents…