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Gold in the spotlight - paving the way for the silver price!

March 14 2024

►Since Feb. 27, the price of silver has increased 10%, from €665 to €735 per kilogram, while the price of gold has increased 6% over the same period.
►Gold is currently 86 times more expensive than silver, measured in the same volume. By comparison, this ratio was 30 in 2011. 
►U.S. inflation has not fallen below 3% since April 2021. ... »

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€63.368 - all time high for gold!

March 7 2024

►The price of gold has reached new highs in both euros (€63.368 per kg) and dollars ($2,160 per troy ounce). But what is driving this rise of the goldprice? 
►China's central bank has increased its gold reserves for the 16th month in a row, contributing to the record high gold price.
►Will New York Community Bank customers lose confidence in the bank? If so, a possible bank run will cause a domino effect at other regional banks.

... »

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Gold vs. Bitcoin

February 29 2024

►Currently, 1 kilogram of gold is equivalent to 1.048 Bitcoin. A drop in this ratio could mean that it becomes more attractive for Bitcoin owners to exchange their digital currency for gold - as gold, expressed in Bitcoin, becomes cheaper.
►At GoldRepublic, we note that some of our customers

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Banking crisis flares up

February 22 2024

►In the largest US banks, bad loans for commercial real estate have exceeded loss reserves, mainly due to a sharp increase in arrears for offices, shopping centers and other properties.
►Comparing 2005-2006 to 2023: Banks bankrupt & realized losses
►The banking crisis may offer opportunities for precious metals

... »

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