Victims of gold bar scams reported losses of $126 million in 2024. Kris Owen, a 79-year-old Vietnam veteran, had planned to spend his golden years in Indiana with his wife, Karen. They wanted to ...
When he did, an individual posing as a federal agent said they would safeguard his money and instructed him to convert some of his savings into gold bars, Owen told ABC News. After weeks of ...
President Donald Trump’s tariff plans have prompted some of the largest banks in the US and Britain to fly gold bars from London to New York City on commercial flights. Trump’s plans to impose ...
The price of gold has been bursting through records in the first month of Trump’s second term and among the explanations is that the US President could spark stronger inflation and worsen ...
While some wondered at a return to the gold standard that had ended under President Richard Nixon, a difference in value between London, England and New York City had banks bringing their bars to ...
The United States Depository for gold reserves stands in Fort Knox, Kentucky, in 1974. (AP Photo, File) Gold bars are stored at the U.S. Depository in Ft. Knox, Kentucky, Sept. 24, 1974. (AP ...
Over the course of 2024, the price of gold outpaced both shares and UK government bonds. Retail investors now hold some 45,000 tonnes of gold bars and coins, according to the World Gold Council.