Gold leads all other major investment asset categories through the end of May 2020, although stocks have made a strong comeback in April and May 2020. Gold is up 15% year-to-date versus double-digit declines in the Dow Jones Industrials and European stock market, while the widely-quoted S&P 500 is down 8.3%, and the tech-heavy NASDAQ composite has delivered a positive performance of just +5.76% through May 31, 2020.
The Wall Street Journal U.S. Dollar Index is up 3.3% through May 31, meaning gold has performed an average 3.3% better in global currencies than in dollars. Gold is up over 20% year to date in the Canadian dollar, Indian rupee or British pound, and gold is up over 50% in a troubled currency such as the Brazilian real.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Coin Dealers Attacked, Targets of Organized Crime
Coin dealers nationwide have become the latest victims of organized crime, facing targeted attacks following their attendance at coin shows.
Should You be Paying Sales Tax on Your Bullion and Coin Purchases?
THERE ARE MANY IMPORTANT EXCEPTIONS AND EXEMPTIONS
Physical Format Bitcoin Gains Collector Acceptance
PRICE RECORDS CONFIRM MARKET DEMAND
Coin Industry's Version of the Good Housekeeping Seal
CAC GRADING NOW APPROVES AND CERTIFIES
Scott Travers' 2025
TOP 12 COIN & PRECIOUS METALS TIPS & FORECASTS
Showcasing Jefferson Nickels
HOW TO IDENTIFY VALUABLE VARIETIES
ALEKS GREGORY - VERIFY THAT YOUR GOLD IS REAL
Aleks Gregory entered the coin and precious metals market four years ago as a collector and started trading bullion professionally shortly after. He utilized a Sigma Metalytics Pro verifier to confirm that his purchases were real and was astonished at the machine's capabilities.
Top 5 Gifts for Friends, Family and You
YOUR 2024-2025 NUMISMATIC HOLIDAY
Standing Liberty Quarters - THE RISE OF A SUPERPOWER
Standing Liberty quarters were minted from 1916 to 1930, but the design of these coins relates to issues “in the news” in 2024 and beyond. Indeed, an interesting and not well understood aspect of Standing Liberty Quarters is their reflection of then-recent changes in the foreign policy and military power of the United States.
The World's Most Valuable Coin - 1933 SAINT-GAUDENS DOUBLE EAGLE
How can a coin that was intended for circulation and had a mintage of 445,500 coins be the world’s most expensive gold coin? It is a story about timing, a gift, a theft, and our nation’s economic history.