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
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...
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...
Chinese investors are pouring money into gold. China accounted for more than half of gold flows into ETFs globally last month, and Q1 Chinese demand for gold bars and coins hit the second-highest quarterly level on record.
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.
Central banks continued to stockpile gold in the first quarter. Official net gold purchases came in at 244 tonnes, 21 percent below Q1 2024 (310 tonnes), but 25 percent above the five-year quarterly average. As the World Gold Council put...
You won't likely come across a gold bar with a price tag hanging off it, but of course, it does have a price. Have you ever wondered who sets that price?