24k Gold Investment Grade Jewelry
It is very common throughout Asia to own high karat gold jewelry as a store of wealth.
New bullion jewelry options are now available to 24k gold investors that go beyond your typical fashion accessory.
Dealers
Sales Tax When Buying Silver and Gold
Despite the long history of gold and silver being recognized as money, many states continue to tax their citizens for the privilege of owning these metals. The notion of sales tax on precious metals investing is contentious to some and represents a line in the sand between some legislators and investors.
SD Bullion Lowers Minimum Order Size
The announcement today notes that the minimum order size has been reduced to $250.
SD Bullion Adds Buy Gold at Spot Offer for New Investors
First time customers can buy an Argor-Heraeus 10 gram Gold Bar at spot price which includes insurance and shipping. More details can also be found on the SD Bullion offer page.
Demand for Silver Eagles Spikes, Along with Premiums
The US Mint continues to be slow and unable to meet investor demand.
The failures of the Mint and their planchet suppliers have led directly to significant increases in dealer premiums in recent weeks. This week, the lowest dealer premium for silver eagles is more than 60% over spot price.
Some dealers, such as APMEX and JM Bullion are currently selling silver eagles with premiums at over 88% above spot price.
Several Dealers Increase Order Minimums and Shipping Times
APMEX, JM Bullion, SD Bullion and Money Metals Exchange have announced temporary changes to order and shipping policies upon an increase in order volume in recent weeks amidst the ongoing banking crisis. While premiums on silver eagles have recently risen back above 50% per coin. Lower premiums are available for other sovereign bullion coins such as Britannia, Kangaroo and Philharmonic.
SD Bullion Updates Shipping Times, Raises Order Minimum to $500
Current backlog for some orders is reportedly extending out 7 or more business days. In addition, they are temporarily limiting new orders to over $500.
Money Metals Exchange has also stated that customers should expect order delays of up to an additional 1 to 2 business days.
Banking Crisis Excites Investor Demand for Silver and Gold
APMEX sold more than 1 million troy ounces of silver in the past 7 days, and 27,000 troy ounces of gold.
1 oz Gold Bar at Spot Price
Many new investors discovered precious metals through spot price deals. JM Bullion is now offering new investors the option to buy a 1 oz Gold Bar at Spot Price.
Climate Agenda and Consumer Spending Key Drivers of Silver Demand
The use of silver in the manufacturing of consumer electronics, electric vehicles and solar panels has hit record highs. New Mining Tech could improve efficient and reduce environmental impact