Latest news with #preciousMetals
CBS News
09-07-2025
- Business
- CBS News
Gold's price is down again. Should you invest now?
A recent drop in the price of gold has opened up new opportunities for prospective investors. Getty Images/iStockphoto Here's something you may not have read lately: The price of gold is declining. While not in a dramatic downfall, the price of gold per ounce is down around 4% from where it was on June 13, according to American Hartford Gold. And though a difference between $3,432.56 and $3,294.71 per ounce may not seem substantial on paper, it does represent a change in the gold market that investors may want to take advantage of. It wasn't that long ago, after all, that gold hitting the $3,000 price milestone was considered major news. Now, however, many expect the price of the precious metal to eventually hit $4,000, perhaps sooner than expected. With this likely temporary dip in gold prices, then, is it worth investing in now? Or should prospective investors wait for another drop to get started? Below, we'll break down the reasons why now may be a smart time to buy into the gold market. Learn how you can invest in gold without paying today's top price here. Should you invest in gold with the price down again? While each investor's goals, needs and budgets are different, there is a strong case to be made for investing in gold now, during this new price decline. Here's why: The price dip is likely to be short-lived The price of gold fluctuates, but over time, it tends to rise. Just look at the changes since the start of 2024, when gold was priced around $2,000 per ounce, for proof of this trajectory. And with items like a new inflation report and Federal Reserve meeting on the calendar for July, both of which can impact gold prices, it could behoove investors to act promptly by investing in gold now, at this slightly lower entry price point. And with options like fractional gold bars and fractional gold coins, you may be able to get started in the market at an even lower price point. Waiting, however, could jeopardize your ability to get invested in the yellow metal at all. Get started with a gold investment before the price rises again now. The next price surge could push you out of the market permanently Gold's price didn't seem like it would hit $3,000 … until it did. Then it seemed like it would hover around that point … until it surged past $3,400. Now, the potential for the price of the metal to hit $4,000 per ounce seems more realistic than ever. Waiting, then, to take action may not be smart, as the next inevitable price surge could push you out of the market permanently, even if you're planning a fractional gold or dollar-cost-averaging strategy right now. And remember that multiple factors drive gold's price, including geopolitical tensions, which can be impossible to predict with certainty. Should something change on the global stage, then, don't be surprised to see gold's price react in an upward way. Your portfolio needs the features gold can provide If you need the hedge against inflation and portfolio diversification that gold offers, then it may be wise to get started right now. These features shouldn't be viewed just through a price prism, as the benefit of having a diversified portfolio and protection against the next inevitable rise in inflation is priceless. Don't forget, inflation actually rose slightly in May, underlining the importance of having an asset in your portfolio that can help others, like stocks and bonds, that may react to this sort of news less advantageously. The bottom line A small but noticeable decline in the price of gold could give prospective investors the opening they need to get started at a more affordable entry point. With the likelihood that this price drop will be short-lived, the potential for the next price surge to push investors out of the precious metal market permanently and the need for an inflation hedge and portfolio diversification tool still strong, it makes sense to buy in now. With a little luck and some strategic timing, you may even be to turn a quick profit if you ultimately decide to sell your gold later this year, too.
Forbes
09-07-2025
- Business
- Forbes
Why The Case For Gold Bullion Is Strengthening Over ETFs
Max Baecker is the President of American Hartford Gold, a leading precious metals retailer. As geopolitical tensions intensify and economic uncertainty continues to dominate headlines, investors are turning to gold in numbers not seen in years. According to the latest data, total gold demand rose 1% year over year to 1,206 tons, driven by tariff news, uncertainty and stock market volatility. While gold-backed exchange-traded funds (ETFs) have surged in popularity, offering liquidity and low fees, a growing chorus of experts and institutions is pointing toward a renewed case for physical gold. Thus, the core dilemma facing gold investors today is which form to invest in: paper or tangible metal. Paper Gold's Rally Gold ETFs are having a breakout year. In the first quarter of 2025, investors added 226.5 tons of bullion to gold ETFs, the largest quarterly inflow since 2022. This influx helped fuel a rally in gold prices over the three-month period, with gold ultimately hitting an all-time high around $3,500 an ounce on April 22. The reasons for ETF enthusiasm are clear. They offer: • High liquidity: Shares can be traded in real time like stocks. • Lower costs: There is no need for vaults, insurance or dealer premiums. • Accessibility: Fractional ownership means more people can invest. • Transparency: Prices track global markets in real time. • Portfolio integration: ETFs fit neatly into digital-first investment platforms, favored by younger investors. In fact, physically backed gold ETFs saw five straight months of net inflows through April, with $11 billion added that month. The Case For Tangible Gold While ETFs offer speed and scale, physical gold offers something paper cannot: direct ownership. And in today's climate, that's starting to matter more. In contrast to ETFs, which rely on financial intermediaries, physical gold represents a direct, tangible asset held by the investor. Whether in the form of bullion bars or government-minted coins, it's touchable and independent of digital infrastructure. Central banks understand this well. They purchased 244 tons of gold in Q1 2025, continuing a trend of elevated buying over the past three years. These institutions are not choosing ETFs. They're taking physical delivery. The motive? Uncertainty and diversification away from the U.S. dollar. Large sovereign buyers are prioritizing control and security over convenience. That same rationale is now resonating with private investors. Yes, gold ETFs are easier. They're cheaper. They're faster. But when the system is stressed, when headlines turn to sanctions, inflation spikes or liquidity freezes, the question becomes: Do you want paper, or possession? While ETFs may outperform during periods of relative calm, physical gold's appeal lies in its resilience. It can't be hacked. It isn't a promise; it's the asset itself. For investors looking beyond quarterly returns toward security and wealth preservation, physical gold becomes more appealing. Key Considerations For Investing In Physical Gold For first-time buyers seeking to guard against uncertainty, investing in physical gold requires certain considerations. Different types of gold serve different purposes. Government-minted coins, such as the American Gold Eagle or Canadian Maple Leaf, tend to be more recognizable and easier to resell. Bullion bars often come with lower premiums, but they may not offer the same flexibility or ease of resale as coins. Choosing which form of gold to invest in depends on the investor's priorities, such as liquidity, affordability or recognizability. Secure storage is another key factor. Some investors prefer to store gold at home for direct access, but this can increase the risk of theft. Safe deposit boxes at banks and private vaulting services offer enhanced security, along with insurance options that can better protect the investment. Evaluating where and how to store gold should be part of any buying decision. Insurance coverage is essential. Most homeowner insurance policies only cover small amounts of precious metals, if any. Investors should explore dedicated bullion insurance policies or choose storage options that include coverage. This added layer of protection helps provide peace of mind in uncertain times. It is also important to verify the purity and authenticity of the gold being purchased. Reputable dealers will provide products stamped with weight and purity, along with certificates of authenticity. Investors should approach collectible or numismatic coins with care unless they are experienced in that niche, as these products often carry high premiums and fluctuating value. Finally, consider the long-term implications of selling. Some gold products are easier to liquidate than others, and dealer buy-back policies can vary. Investors should also be aware that physical gold is considered a collectible by the IRS, and any gains may be taxed at a rate of up to 28%. Understanding these financial and logistical details can help investors make informed, confident choices as they turn to gold as a hedge against today's growing risks. Conclusion In an era marked by systemic risks and shifting global power dynamics, owning physical gold provides clarity and control that paper assets often lack. As the global financial landscape continues to evolve, physical gold remains a timeless anchor for those focused on lasting value. The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation. Forbes Finance Council is an invitation-only organization for executives in successful accounting, financial planning and wealth management firms. Do I qualify?
Yahoo
07-07-2025
- Business
- Yahoo
Royal Gold Stock Drops as Firm Makes Pair of Acquisitions for About $3.7B
Royal Gold (RGLD) shares sank over 6% Monday afternoon as the Denver-based company announced a pair of acquisitions totaling roughly $3.7 billion. Royal Gold said it had reached agreements to buy Vancouver, B.C.-based firm Sandstorm Gold (SAND) for $3.5 billion in stock and Horizon Copper, which trades over the counter in the U.S., for $196 million in cash. Both Sandstorm and Horizon also hold Canadian listings. Royal Gold expects the acquisitions, which are slated to close in the fourth quarter this year, will provide "immediate and meaningful revenue growth," with CEO Bill Heissenbuttel adding the Canadian firms "fit our strategic goal of acquiring high-quality and long-life precious metals assets in mining-friendly jurisdictions." Despite Monday's losses, shares of Royal Gold have added more than one-quarter of their value this year. Sandstorm shares advanced more than 7% Monday and are up 85% in 2025. Horizon Copper stock soared 67% on the TSX Venture exchange in recent trading. Read the original article on Investopedia Sign in to access your portfolio
Yahoo
03-07-2025
- Business
- Yahoo
SSR Mining (SSRM) Resumes Mining at Flagship Project
SSR Mining Inc. (NASDAQ:SSRM) is one of the 10 most undervalued gold stocks to buy, according to analysts. On June 16, the company announced it had resumed operations at its flagship Seabee project. Operations at the site were suspended for two weeks due to power interruptions caused by forest fires. A mining truck loaded with precious metals in an open pit mine. Seabee is one of the company's flagship mines in Northern Saskatchewan, Canada. The mine boasts proven and probable Mineral Reserves of 312,000 ounces of gold at an average grade of 5.36 g/t. The company expects to produce between 70,000 and 80,000 ounces of gold, with a cost of sales ranging from $1,230 to $1,270 per ounce from the mines. Likewise, SSR Mining expects its total gold equivalent production in the range of 410,000 to 480,000 ounces for 2025. The company expects significant production growth and strong cash flow following the acquisition of CC&V. SSR Mining Inc. (NASDAQ:SSRM) is a precious metals mining company with operations in the United States, Turkey, Canada, and Argentina. It acquires, explores, and develops properties with precious metal resources. SSR Mining produces gold, as well as copper, silver, lead, and zinc concentrates. While we acknowledge the potential of SSRM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
South China Morning Post
03-07-2025
- Business
- South China Morning Post
Hong Kong investors triple gold holdings in rush to haven asset: HSBC survey
Affluent investors in Hong Kong have nearly tripled their allocation to gold amid economic and geopolitical uncertainties, according to an HSBC survey. Advertisement Individual investors in the city with US$100,000 to US$2 million in investible assets had allocated 11 per cent of their portfolios to gold and other precious metals, up from 4 per cent a year ago, according to the survey published on Thursday. On the mainland, wealthy investors had increased their gold holdings to 15 per cent compared with 7 per cent a year earlier. The trend mirrors that of their global peers, with their share of investments in gold rising by 6 percentage points to 11 per cent over the past year. Gold was trading at US$3,356.61 per ounce on Thursday, up 28 per cent year to date. The precious metal hit an all-time high of US$3,500 in April. The rally followed sweeping tariffs imposed by US President Donald Trump against all major trading partners, which sent global markets tumbling and prompted a rush for haven assets. US President Donald Trump's 'Liberation Day' import tariffs pushed investors to the safety of gold. Photo: AFP In May, central banks around the world added a total of 20 tonnes to their gold reserves, according to the World Gold Council. The National Bank of Kazakhstan added seven tonnes, while the People's Bank of China added three tonnes. Advertisement
