Gold-related domain name Gold.com sells for high price as gold prices rise

The price of gold has gone crazy in the last month! As of 18 March, Lao Fengxiang gold prices have reached 660 yuan per gram. As a domain name industry practitioners, we are bound to pay attention to domain names related to "gold". Not long ago, a foreign company acquired the domain name "Gold.com", the news in the investment community set off a storm.

If I remember correctly, Gold.com was just a simple single page with a brief description of "gold" in early March. Less than a week later, it was revealed to be sold. What's even more shocking is that the same company also owns the banking domain Silver.com.

Gold.com Website

The acquisition of the domain name Gold.com was made by Dallas, Texas - JM Bullion is a Dallas, Texas-based online bullion dealer founded in 2011 that deals extensively in precious metals such as gold and silver.

Silver.com website

JM Bullion is a subsidiary of publicly traded A-Mark Precious Metals, Inc. and was brokered by Andrew Miller of ATM Holdings, Inc. in conjunction with Hilco Digital Assets to acquire Gold.com for an undisclosed amount, but given the domain's lofty Internet But considering the domain's lofty status on the Internet, it's sure to command a hefty price tag.

Gold.com has been registered under Whois privacy, so the identity of the seller is not known to the public.

Owning a compelling domain name is a game-changing asset for any business, highlighting the extent to which investors will invest in domain names that define an entire industry. While there are many entities that deal in precious metals, JM Bullion now controls two of the most valuable domain names in the space-Gold.com and Silver.com.