Gold slipped just 0.3% in June, its first monthly decline since February, amidst uncertainty about...
After the announcement of sweeping U.S. tariffs raised fears of a global recession last week, stock markets dropped and continue to suffer; the Dow, S&P and NASDAQ all opened over 2% down Monday morning. In seeking out safe haven assets to combat the crash, investors are selling off their gold holdings to meet margin calls, and gold spot prices have also taken a hit. However, a bullish attitude towards gold remains prevalent amongst analysts, keeping gold spot prices close to the $3,000 an ounce mark.
This drop is an excellent buying opportunity for investors who want the stability of gold in their portfolio.
When the stock markets suffered a similarly dramatic drop in March of 2020, gold fell as well, but rebounded quickly, kicking off a big move upwards in the ongoing bull market for precious metals.
This drop in gold will likely be short-lived, coming on the heels of a major rally in gold. Gold rose 27% in 2024, its biggest annual gain since 2010. In Q1, it saw spot prices per ounce increase by more than $500, or 19%, the best quarter since 1986.
With these tariffs likely to raise inflation and slow U.S. economic growth, investors would do well to take advantage of the current drop in spot prices. With a trade war that would put the global economy into recession on the horizon, every investor could use the protection of gold in their portfolio.
This week, we're able to offer 1 oz. backdated Gold Kangaroo coins from The Perth Mint for just $89 over spot. The Kangaroo coin is loved by investors and collectors for its .9999 fine gold content and stunning design.
Give us a call at 1-800-831-0007 or email us to place your order today! This pause in gold's 2025 rally is an excellent opportunity to stock up on sovereign 1 oz. gold.
Backdated 1 oz. Gold Kangaroo
Just $89 over spot
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Minimum order is 1 oz. gold. Free shipping, handling, and insurance are available for purchases of 10 oz. of gold or more. Offer expires Friday April 11, 2025, or while supplies last.
