Market Commentary - RCNH Financial - Page 2

The L.E. Bruun Collection has been insured for 500 million Danish kroner, or around $72.5 million. The auction house describes it as the most valuable collection of world coins to ever come to market.

The L.E. Bruun Collection has been insured for 500 million Danish kroner, or around $72.5 million. The auction house describes it as the most valuable collection of world coins to ever come to market.

Posted on 08/29/2024 by

J.P. Morgan Global Research: Gold prices continue to hit all-time highs, driven by a multitude of factors including heightened geopolitical risks, expectations the Fed will begin lowering rates and central bank buying.

J.P. Morgan Global Research: Gold prices continue to hit all-time highs, driven by a multitude of factors including heightened geopolitical risks, expectations the Fed will begin lowering rates and central bank buying.

Posted on 08/15/202408/15/2024 by

The Rare Coins of New Hampshire team is currently in Chicago attending one of the premier precious metals and numismatic events of the year. The World’s Fair of Money runs from August 6th through the 10th.

The Rare Coins of New Hampshire team is currently in Chicago attending one of the premier precious metals and numismatic events of the year. The World’s Fair of Money runs from August 6th through the 10th.

Posted on 08/07/202408/07/2024 by

Wealthy families and individuals worried about US government debt levels were the probable drivers of a record second quarter in demand for gold, according to an industry report, pushing the price to all-time highs this year.

Wealthy families and individuals worried about US government debt levels were the probable drivers of a record second quarter in demand for gold, according to an industry report, pushing the price to all-time highs this year.

Posted on 07/30/202407/30/2024 by

Economist’s notebook: How much is a Paris Olympic gold medal worth?

Economist’s notebook: How much is a Paris Olympic gold medal worth?

Posted on 07/29/2024 by

BofA Private Bank Study of Wealthy Americans Finds Generational Divide in Investing, Giving and Preserving Wealth. Currently 45% own physical gold as an asset and another 45% are interested in owning it. Overall, 41% of the wealthy own (18%) or are interested in buying (23%) physical gold.

BofA Private Bank Study of Wealthy Americans Finds Generational Divide in Investing, Giving and Preserving Wealth. Currently 45% own physical gold as an asset and another 45% are interested in owning it. Overall, 41% of the wealthy own (18%) or are interested in buying (23%) physical gold.

Posted on 07/05/202407/05/2024 by

Addressing the question of why advisors are investing in gold, 48% said the asset is a proven diversification tool during periods of economic uncertainty, while 36% pointed to its proven role as a long-term store of value. Finally, 35% of managers said that it was because their clients expressed a desire to invest in gold.

Addressing the question of why advisors are investing in gold, 48% said the asset is a proven diversification tool during periods of economic uncertainty, while 36% pointed to its proven role as a long-term store of value. Finally, 35% of managers said that it was because their clients expressed a desire to invest in gold.

Posted on 06/28/2024 by

The gold mining industry is struggling to sustain production growth as deposits of the yellow metal become harder to find, said the World Gold Council.

The gold mining industry is struggling to sustain production growth as deposits of the yellow metal become harder to find, said the World Gold Council.

Posted on 06/10/2024 by

" Goldman Sachs predicts that the precious metal will climb another 14% to $2,700/oz by the end of 2024."

” Goldman Sachs predicts that the precious metal will climb another 14% to $2,700/oz by the end of 2024.”

Posted on 05/31/2024 by

Gold's appeal to younger generations: Millennials are allocating 17% of their portfolio to gold while baby boomers are at 10% according to State Street.

Gold’s appeal to younger generations: Millennials are allocating 17% of their portfolio to gold while baby boomers are at 10% according to State Street.

Posted on 05/17/202405/17/2024 by