Mike Maharrey

Mike Maharrey is a journalist and market analyst for MoneyMetals.com with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.

Mike Maharrey Articles

Central bank gold buying moderated in April, as the gold price hit record levels. Globally, central banks officially added a net 12 tonnes of gold to their reserves in April, according to the latest data compiled by the World Gold Council...
On family vacations to the beach, my dad loved to tinker with a metal detector. I’m pretty sure he wasn’t motivated by the potential for riches because he never found anything more than some change and the occasional metal can. My mom used...
Bank of America is eyeballing $4,000 gold and $40 silver by the end of the year or early 2026. Last October, the big bank projected $3,000 in 2025.
Trade policy and tariff news are driving the markets daily, but economist Thorsten Polliet says there are deeper economic risks in play that investors should consider.
Despite high prices pressuring demand, Indian gold imports remained resilient in April. India ranks as the world's second-largest gold market behind China. 
The platinum price is at the highest level in a year and could be set to break out. Over the last four years, platinum has traded in a range between $900 and $1,100 an ounce. On Friday morning, the metal was just a tick above that $1,100...
Chinese gold imports hit an 11-month high in April as prices continued to surge to record levels. According to the latest customs data reported by Bloomberg, gold imports reached 127.5 tonnes, a 73 percent increase from the prior month. 
Poland now holds more gold than the European Central Bank. National Bank of Poland (NBP) governor Adam Glapiński noted this fact during a recent press conference, saying he views gold as a shield against global instability and a...
Every once in a while, you’ll hear some talking head on a financial network claim that gold is “a useless metal.” This is an absurd statement.
Gold is helping unlock mysteries of the universe. In December 2021, the James Webb Space Telescope (JWST) was launched. Over the last several years, the telescope has produced stunning images that are helping scientists to better...

The first use of gold as money occurred around 700 B.C., when Lydian merchants (western Turkey) produced the first coins

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