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
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...
A Singapore-based startup hopes to challenge New York and London's dominance of the gold market. Abaxx Exchange recently launched a physical 1-kilo gold contract. It will be denominated in dollars and deliverable in Singapore. It will be...
What is the current inflation situation? If you just go by the CPI, things are looking pretty good. We got a better-than-expected “inflation” report for the third straight month. Prices rose 2.3 percent on an annual basis in April, the...
Those golden bulls have grabbed some attention. According to the latest Gallup poll, gold has overtaken stocks and is now viewed as the second-best long-term investment in America, trailing only real estate.
Rising gold prices have spurred investment demand, especially in the East, and helped drive Q2 gold demand to the highest level since 2016. In China, demand for gold bars and coins charted the second strongest quarter on record.
Flows of gold into Asian ETFs exploded in April, driving global ETF gold holdings higher for the fifth straight month. Last month, 115.3 tonnes of gold poured into gold-backed funds globally. It was the strongest month since August 2022.
Demand for physical gold surged in the first quarter. But not in the United States. Asian investors primarily drove demand for gold bars and coins as American investors continued to sit on the sidelines.
With gold setting record after record, people are scrambling to cash in by selling scrap gold and jewelry. Selling gold tucked away in a jewelry box or gathering dust on a shelf can certainly put extra cash in your wallet, but you should...
Record gold prices drove first-quarter demand in 2025 to the highest level since 2016. The LBMA gold price hit multiple record highs in Q1, with the average price coming in at $2,860 an ounce. That was a 38 percent year-on-year increase.
