Gold prices shatter record
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Silver rally has been supported by a fundamental supply shortfall and growing industrial demand. The metal is now entering its fifth consecutive year of deficit, resulting in a tighter market
One popular place to buy precious metals is Costco, which reportedly sells over $200 million a month. Though the markup is low, these high-value items help the company show strong e-commerce growth. As gold prices hit record highs, demand for the precious metal is running hot at Costco.
Robert Kiyosaki expressed concerns over Warren Buffett's recent endorsement of gold and silver investments, hinting at a possible market crash.
More than 1,000 silver and gold coins worth about $1 million were recovered from a 1715 Spanish shipwreck off Florida's coast, a salvage company announced.
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Gold and silver coins worth about $1 million are found in Florida waters from Spanish ships that sank in a 1715 hurricane while returning from the New World.
Gold (GC=F), silver (SI=F), and bitcoin (BTC-USD) surged on Monday as investors sought a hedge against rising debt and political uncertainty in developed markets. Gold futures (GC=F) neared $4,000 per troy ounce on Monday to touch a fresh record,
Precious metals stay strong amid Fed rate-cut bets and global uncertainty, with gold targeting $4,010 and silver eyeing a breakout above $50.