Hello and welcome to Gold Investing Simplified for 2024. If you are just starting out on your gold investments or simply want to find out more about buying/selling gold coins, you will find helpful information on this site and in my Popular Gold Coins video.
Investing in gold can get confusing but it doesn't have to be that way. My mission is to provide you with information that can help you with your gold investment decisions. Just keep in mind that only you can decide if investing in gold is right for you. I take no responsibility for whatever gold purchases you decide to make.
You won't find a sales pitch for buying gold from me here since I no longer sell precious metals. I want you to benefit from my experience in selling gold and silver coins for one of the oldest, most reputable precious metal dealers in the USA.
2023 was a good year for gold. Not a great year but a good year. Gold closed out at $2062.20, its highest yearly close ever. That resulted in a nice gain of $237.70 or just over 13% for the year (too bad its poor relative, silver, couldn't manage to make any profit at all and essentially remained unchanged from year end 2022 to year end 2023). It looks like gold is setting itself up for a nice run in 2024 (1/1/24).
September 2024: With gold setting new highs, it's taking a pretty good chunk of change to buy just one ounce of gold. If $3k is a little too steep for your budget, you may want to consider fractional gold coins. Take, for instance, the 1/10 ounce American Gold Eagle. They are very popular with a total of 670,000 being produced in 2023 and 410,000 through August of 2024. They are about the size of a dime and can be purchased for under $350 as of this writing. Shop around for the best deals.
If you are presently a gold investor or soon-to-be investor, come
back again. I have more information and commentary planned for the
future. My goal is to make this site and its sister site, Silver Investing Simplified, to be among the
most useful Gold &
Silver investing sites on the Internet.