Blog
The team at Gainesville News is dedicated to bringing you relevant updates and analysis about the precious metals markets, as well as news in the broader financial markets. Our reporting reflects the crucial—and often overlooked—role that gold, silver, platinum and palladium play in the global economy, and how these metals interact with other assets and economic developments. We want to empower our readers with the latest information and industry perspectives on important events affecting the markets. We also provide occasional stories concerning geopolitics, important domestic developments, and other topics of interest. We always strive for objectivity and accuracy. Due to their diverse knowledge and professional backgrounds, our contributors also share their opinions where such insights may apply.
Gold Coin Hoard From Time of Crusades Discovered
At the site of one of Israel's historic port cities, a hoard of 24 gold coins was discovered. The coins were likely left by someone fleeing a battle with Crusaders at the turn of the 12th century.
India May Loosen Rules On Bullion Banking
In India, where the general public collectively holds more than 20,000 metric tons of gold, the government is considering loosening restrictions on banks participating in the bullion trade.
Goodbye, Low-Denomination Coins
The Bank of Japan has stopped production of its lowest denomination coin, which has a face value of ¥1 (one yen). This follows the example of several other developed countries, such as Australia and Canada.
Some Fun Facts About Thanksgiving
Thursday is the traditional Thanksgiving holiday in the United States. Check out some interesting facts about this annual celebration, including its origins and history over the centuries.
Silver Coins Saved This Soldier's Life
An astounding Reddit post this week told the story of a soldier in World War I who was protected from a lethal bullet by the stack of silver coins in his pocket.
Gold and Silver Manipulation Goes Mainstream
After years of speculation and suspicions that big banks engaged in manipulating gold and silver prices, a guilty plea by a JPMorgan trader has placed the topic into mainstream discourse.
Hoarding Gold Can Cost Your Life In Iran
To the shock of many, the financial news reported this week that gold dealers in Iran are being executed by the government for hoarding gold, which authorities are claiming is detrimental to the country's broader financial health.
2019 Silver Eagles and 2019 Gold Eagles Arrive
The United States Mint has released its popular American Silver Eagle and American Gold Eagle coins again for 2019. These coins are intended as a vehicle for investors to gain exposure to physical precious metals.
How Big Is the London Bullion Market?
For the first time ever, the London Bullion Market Association (LBMA) will begin publishing more comprehensive data on the size of London's bullion market, where billions of dollars of gold are traded each day.
Gold Miner Makes Major Discovery in Australia
Australia is among the world's top gold producers, and the Canadian mining company RNC recently discovered a pair of massive gold orebodies at the Beta Hunt mine in Western Australia.