Analytics

On May 13, 2021, the US Mint (hereinafter - the Mint) announced the next issue of the American Buffalo gold investment coin of pruff quality. It is also known as the Indian Head. The mint will not impose restrictions on the circulation and sale of the product to certain categories of buyers.

The Perth Mint produces and sells coins and bullion from precious metals. Mint products enjoy great confidence of buyers from all over the world due to their high sample and guaranteed weight.

Gold and silver quotes increased significantly in early April. This was facilitated by a weakening dollar and a decrease in the yield on 10-year US Treasury bonds.

The central banks of developed countries implement adaptive monetary policies to support the economy in the context of the coronavirus pandemic.

At the beginning of 2021, the gold market was in a downtrend. The World Bank predicts the continuation of this yellow metal quotation trend during 2021-2022.

Two months have passed since private investors, participants in specialized forums on the Reddit social network, boosted the stock prices of GameStop and other companies to sky-high heights through coordinated purchases. The excitement during this time is verse, and the indicators returned to normal.

The Royal Mint of Great Britain issued a huge gold coin dedicated to the Queen's Beasts series. This is the largest coin in 1,100 years of Mint history.

Precious metals are reliable money, and bitcoin will not be able to fulfill this role. The market for this cryptocurrency is small and not recognized by the vast majority of investors. However, its price has been steadily increasing since the beginning of 2017. Recently, the demand for precious metal has decreased due to the rapid growth of bitcoin quotes.

China is the largest gold producing and consuming country in the world. Every year, it sells more than 100 tons of yellow metal products worth tens of billions of dollars. The coronavirus pandemic had a negative impact on the gold market in the Middle Kingdom.

In the first three months of this year, an ounce of yellow precious metal fell by almost $300. Gold quotes decreased by 13%, from 1943 to $1691. This is the most depressing quarterly indicator since 2016.