gold reserves

Major central bank just made another quiet gold move

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Major central bank just made another quiet gold move

Even after gold got hammered last month, China continued buying. The People’s Bank of China kept buying gold, continuing its streak to 17 straight months in March, according to Reuters. It grew its reserves, even as the metal posted its steepest monthly drop since 2008. In a market that’s typically filled with a ton of … Read more

Which metal made investors more money in the last 50 years?

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Which metal made investors more money in the last 50 years?

Investors treasure gold (GC=F) and silver (SI=F) as stores of value. Between their uses for jewelry, manufacturing, and investments, they can provide asset diversification and a hedge against inflation. But which precious metal made investors more money over the past 50 years? The answer is clear: since 1976, gold’s price has skyrocketed, outperforming silver over … Read more

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