In our last market analysis, we noted that gold continued to struggle. After bottoming at around $1170-$1180 in June, the metal rallied to retest resistance levels of $1350 in late October. Since this peak, gold has slid back to the low-mid $1200 range on a variety of factors, the most notable being jobs and Fed…
A Customer’s Perspective: Nate’s Cautionary Tale
Although gold and silver have both exploded in popularity in recent years, only a small fraction of the U.S. population invests in physical metals. So we’ve decided to try something new on the Provident Metals blog: customer stories. Our goal for this exciting new series? To answer questions and ease any concerns of those less…
Growth Continues With November Job Report
The economy has seen a jolt for the second straight month as employers added 203,000 jobs in November. Unemployment dropped .3 percent to 7 percent, which is the lowest its been since 2008. Economists predicted November to add 180,000 jobs and for the labor market to fall just .1 percent, so statistics were better than…
12 Days of Christmas: Gifts for Kids
Gifts are a fantastic way to get children involved in a long-term savings strategy, and coins and bullion can be used as prized presents and teachable moments. On the second day of the Provident Metals Christmas, we present some of our favorite coins and rounds for kids. 2013 1 oz Proof Silver Australian Year of…
A Sovereign History to Uphold
The British gold Sovereign bears a long legacy, first minted under order of King Henry VII in 1489. Today it remains a popular store of wealth as well as a physical testimony to the duration of the British empire. A Tudor Currency Though England had been circulating gold coins for nearly 150 years, in 1489…
Provident Metals Introduces Spot Price Indicator
Provident Metals is excited to announce the latest innovative tool available to our customers — the Spot Price Indicator. This useful feature provides you with the approximate metals prices within a few minutes of any order you have ever made with us. All you have to do is log in to your account and click…
