Goldco Precious Metals Blog

Gold Prices Surging Amidst Ongoing Stock Market Turmoil

Gold prices surged this week amidst ongoing turmoil in the stock markets. The political drama in Washington surrounding President Trump has markets on edge and investors jittery. But while stocks saw large daily losses, gold cemented its status as a safe haven, at one point seeing a $50 increase over last week’s prices.

Stocks Sink Worldwide As Safe Havens Rally

Stock markets have been on pins and needles the past several days as more and more bad news continues to leak out of the White House. From allegations of passing intelligence to the Russian Foreign Minister, to the ongoing search for a new FBI director, to reports of a major shakeup of senior White House staff, news reports coming...

A Little Tumble in Gold Is Great News for Patient Investors

Gold's slight tumble from mid-April to mid-May isn't an alarm bell for investors — historical trends indicate that gold always climbs back to new peaks. In fact, the slight decline in gold is actually good news for patient investors, especially those looking to hold gold assets long term as part of a retirement savings strategy.

New Arizona Law Could Mean Bigger Profits for Gold Investors

Like many other commodities, gold has long been used as a hedge against currency devaluation, particularly against the gradual inflation that is symptomatic of today's monetary system. A new law passing in Arizona is creating more benefits for gold investment by removing taxation of precious metals — including gold — at the state level.