The Oldest Store Of Value Is Leaving The US In Record Numbers
The top U.S. export in the last few months has not been oil, or AI, or any other headline-grabbing product, but rather gold. The oldest store of value, export value, has surged, shifting the composition of exports and raising questions about the ultimate destination of the metal.
The surge in exports, arguably, reflects the weakening confidence in traditional financial systems toward the safety of the oldest monetary metal. Investors and institutions, including central banks, increasingly favor physical gold over paper assets, moving large quantities of metal out of American vaults.
The scale of the movement is historic. In February alone, U.S. gold exports reached $17.88 billion, the highest monthly total recorded in at least two decades and likely the highest ever.
Precious metals accounted for roughly 12.7% of all U.S. exports during the first two months of 2026, nearly triple the historical norm of around 4.5%.
High prices are only part of the explanation. Gold had its strongest annual performance since 1979 last year as investors sought protection from political instability, inflation concerns, and financial volatility… (Continue to full article)
Gold And Silver Reach Highest Prices In Weeks Amid Iran Peace Hopes
Gold and silver prices are approaching their highest levels in months, a surge some analysts have attributed to falling oil prices, a softening dollar and hopes the United States and Iran will strike a deal to end the war.
The price of silver is $81.50 as of 9:15 a.m., up nearly 6% but slightly down from an intraday high of $82.24.
The price of gold is up more than 1% as of 9:15 a.m., reaching a price of $4,741.70, but slightly back from a high of $4,763.60 earlier in the day…. (Continue to full article)
Couple Finds a Gold Nugget Measuring 7.5 Inches Across and Weighing More Than 9 Pounds
They were just out for a little adventure with a metal detector. Few imagined that a casual pastime would lead to an astonishing item destined for auction.
This enormous piece, famously labeled the Golden Beauty, was discovered in 1979 by John and Frances Aggiss in the Kalgoorlie Goldfields of Western Australia.
It is now on display for interested collectors and enthusiasts, with an opening bid that has already reached $400,000.
This piece of gold measures nearly 7.5 inches across and weighs more than 9 pounds. It ended up in a private Swiss collection after its discovery and has retained a legendary status among experts… (Continue to full article)
Gold, Silver Spike In Precious Metals Rally As Iran War Cooling Sends Oil Prices Lower
Gold and silver prices climbed higher in the overnight session heading into Wednesday, as a weaker U.S. dollar amid geopolitical uncertainty in the Middle East has once again boosted demand for precious metals.
Spot gold climbed more than 2% to $4,650.33 per ounce at the time of writing, while silver climbed more than 4% to breach the $75 per ounce mark, extending a historic rally that has already pushed precious metals to record highs in 2026.
The uptick in precious metals comes after U.S. President Donald Trump said that the country had temporarily paused “Project Freedom,” Washington’s efforts to escort stranded vessels through the Strait of Hormuz.
Oil prices declined after the announcement, with Brent crude futures dipping nearly 2% and WTI crude futures expiring down 1.60%… (Continue to full article)
Man Grabs Shovel to Start Pool Project, Digs Up $800,000 Reward: ‘Treasure Belongs to the One Who Finds It’
In 2025, a man digging a hole for a swimming pool in his garden uncovered a massive gold treasure worth $800,000. This incredible discovery happened in the eastern French town of Neuville-sur-Saone.
The subterreanean stash included five gold bars and many coins. After making the discovery in May, the man did the right thing and immediately informed local authorities. The local council later confirmed that he was allowed to keep the gold because it did not originate from an archaeological site.
It is honestly a dream scenario for any homeowner. Police investigated the find and determined that the gold had been acquired legally. They believe it was melted down at a nearby refinery roughly 15 or 20 years ago. Because the gold bars featured unique numbers that police could trace, they were able to verify that the items had not been stolen… (Continue to full article)
