Gold rallied to another new record high early Monday, extending the rally that began after last week’s Federal Reserve interest rate cut. Gold is up 4.7% so far this month after gains of 2.2% in August and 5.7% in July. The metal rose 13% in 2023 and is up 27% so far in 2024.
The yellow metal topped $2,600 an ounce last week on the rate cut, expectations for more reductions to come and escalating tensions in the Middle East. Interest rate cuts are typically considered bullish for gold, which become more attractive alternate investments when rates go down.
Gold has been hitting new all-time highs for some time now, and yet many are missing the mark... failing to take advantage of current prices, which are LOW compared to where many analysts expect gold spot prices to be in the coming year.
With gold near new all-time highs on a regular basis and the window to buy gold at these price levels closing, it is becoming more challenging for investors to get in on the ground floor, especially those who are just beginning to accumulate gold and build a diverse portfolio.
Unfortunately, popular fractional coins such as the 1/10th oz. Gold American Eagle are currently experiencing premiums through the roof! There's also currently an overall lack of availability in fractional coins. However, we were able to secure 50 or 100 gram Valcambi Combibars at a much lower premium for a limited time!
Combibars are gold bars manufactured with accurate constructed predetermined breaking points and therefore can be separated easily without any loss of material should you need to sell a portion.
To help you take advantage of the building momentum in precious metal in 2024, we're offering FREE SHIPPING on your CombiBar purchase with us! Give us a call at 1-800-831-0007 or email us to place your order today!
FREE SHIPPING
On 50 Gram Gold Valcambi CombiBars
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Minimum order is one 50 gram gold CombiBar, which will include free shipping, handling, and insurance. CombiBars available in 50g and 100g increments. Offer expires Friday, September 27, 2024, or while supplies last.