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Saving money for retirement can be done in many ways. Unfortunately, the stock market is not always a reliable option for investments. Economic crises can quickly wipe out an investor’s entire retirement savings.
Prices for precious metals took different paths on Friday as well as for the week. Platinum and palladium saw significant increases, while gold and silver posted declines during both periods. On Friday, gold for June delivery fell by $28.60, or 1.4%, to settle at $1990.50 an ounce on the Comex division of the New York
All precious metals, except for palladium, saw a decline in prices on Friday, while all metals except gold recorded weekly gains. Notably, gold experienced its first weekly loss in seven weeks, whereas silver extended its run of weekly gains to five consecutive weeks. On Friday, the price of gold for June delivery dropped by $39.50,
Gold prices fell for the second consecutive day on Thursday, following a one-year high on Tuesday. Meanwhile, prices for silver, platinum, and palladium all increased. Except for palladium, all precious metals gained during the holiday-shortened trading week. Gold and silver notably extended their weekly winning streaks to six and four weeks, respectively. On Thursday, gold
There are numerous ways to save retirement money. However, it’s no secret that the market is not always on the investor’s side — it takes a dire economic crisis to wipe out one’s entire retirement savings.