Posts Comments

You are here: Home / Archives for gold prices

Historic Gold Pieces

April 19, 2011 By admin Leave a Comment
icellin001p4

Gold has been considered a commodity of great value since ancient times as it has been in use as a precious metal for centuries and has never gone to zero value. It has instead been accumulating greater value and has continued to be a means of trade for most countries on the international platform. This metal has proven to be of worth in all fields and its rarity and purity have made it a great material for representing ideas such as love, decoration and even power depending on how it is used. The appeal of gold took over most regions of the world in ancient times with the greatly impacted … [Read more...]

Filed Under: Gold Market Tagged With: , ,

Is the Gold bubble bursting soon?

December 6, 2010 By admin Leave a Comment
gold bubble

Many are wondering if gold prices will continue to climb upwards or burst like a soap bubble. But one should consider how gold fared with the previous 2 bubbles – tech mania in 1990s and housing bubble in 2005/6.  Tracking its trajectory, gold seems to be moving along the same direction like the tech mania and housing bubbles. In comparison, gold at this point in time is not at its peak.  If you look at charts you will find that we are gathering momentum into the third and final phase. Some may want to move their money into the market now before we hit the third phase, as the third … [Read more...]

Filed Under: Gold Market Tagged With: , ,

To Buy or Not to Buy

November 15, 2010 By admin Leave a Comment
gold_coin_buyers

There are many ways to buy gold coins as the demand for this shiny metal keeps increasing in 2010. Many interested buyers who are first time buyers have many questions about buying this commodity. They also need to know the advantages of this commodity. Gold possesses a many unique properties; it is considered the truest form of currency which has been used over many centuries. The gold price today is correlated to the US Dollar which sets the platform for trade on a universal basis. Physical gold comes in rare coins and bullion where both have about the same gold content but rare coins … [Read more...]

Filed Under: Gold Trading Tagged With: , ,

Spot Price of Gold

November 12, 2010 By admin Leave a Comment

Gold is considered a universal trading commodity which is likened to timeless money. It can be traded in various manners such as cash payment through bank wires as well as cashier’s check with an immediate delivery. These transactions happen frequently everyday where the agreed price benchmarked is known as gold’s “spot” price or “cash” price as commonly called. Many traders of gold insist on a minimal ounce per transaction at any spot price. A common mistake made by new or novice investors trading gold is referring to the futures price of gold rather than the spot price. The … [Read more...]

Filed Under: Uncategorized Tagged With: , , ,

Gold Prices in the Global Economy

November 12, 2010 By admin Leave a Comment

It is often heard that gold functions as a hedge against inflation or that gold prices are correlated to the US dollar. These assertions do not reveal the total behavior or understanding of most Americans who view gold in a broader perspective in the US economy such as the global stock market, the nation’s inflation or even the GDP of US. Gold is as important to an individual as to the US portfolio as the demand for this shiny metal was only 11% in the US between 2004 and 2008 whereas the remaining 89% demand was not accounted for to appreciate the metal’s true worth. There is a … [Read more...]

Filed Under: Uncategorized Tagged With: , ,