Gold Around The World
The gold price has different meanings for everyone. For some, it is a source of wealth, for others it is the cost of fine jewelry, and there are many more who just don’t really care about it. Is There Value…
Gold Price as a Currency
The gold price has different meanings for everyone. For some, it is a source of wealth, for others it is the cost of fine jewelry, and there are many more who just don’t really care about it. No matter what…
What’s Next For the Gold Price?
It is very difficult to predict whether people will perceive the drop in gold price as an opportunity for a bargain or a sign that gold is a risky investment. Since gold demand for both investments and (in part) jewellery…
Gold Supply
The supply of gold is “sticky”, but flexible. The rising gold prices have pushed mining companies to expand exploration and mine production. The output can lag behind the exploration by about 10 years in order for the mine to get…
History of High Gold Prices
Before the Climb: First, a quick look at what gold was going in the decades leading up to the climb of the 2000s. For twenty years starting in the early 1980s, it was not a very pulse pounding time to…
When Gold Rises, So Does Risk
With the DOW closing at record highs last week, the big question is “where do we go from here?” The equity markets which, just a few short years ago, buckled under the weight of a struggling economy and cautious investors,…
Gold Demand Hit Record High in 2012
The World Gold Council released its quarterly report on gold demand today, highlighting the record-high investment in the precious-metal by central banks as well as increased demand for jewelry in India, up 41% over last year. Interestingly, investment demand seems…
Gold Headlines
Gold prices rose sharply today as positive indicators from the European Union depressed the US dollar. This helped to erase most of the losses that gold has seen over the past week. Bullish precious-metals investors are now saying that we…
Weekly Roundup
What a week its been for gold: Starting out strong on the news that a last-minute deal was finally reached to save the US economy from teetering over the fiscal cliff. Gold and other precious metals didn’t have much staying-power…
Gold Prices at a 5 month high! Will Gold climb above $1,700/ounce?
Is the end in sight for gold? Or will the price for gold just keep climbing in 2012? The Wallstreet Journal reports – “Gold futures for December delivery (US:GCZ2) rose $9.60, or 0.6%, to $1,697.20 an ounce in electronic trade…