February 22, 2012

Gold Slips Again

Gold Price November 21

The price of gold is heading back down as investors go haywire over the new issues arising in Europe. The price of both gold and silver, along with other precious metals, has taken quite a hit through the second half of this year, with gains coming back to the metals early this month, only to [...]

Did Gold Prices Hit Bottom?

30 Day Gold Chart

The price of gold took a drastic plunge over the past few weeks. The price of gold hit an all-time high touching off of the $1900 per ounce mark a little more than a month earlier, and now, is trying to climb out of the low 1600s. The price of gold shed over $300 or [...]

Donald Trump Accepts Gold Deposit

APMEX, one of the top Precious metals dealers in the world has made some interesting news as of late and it isn’t because they’ve been selling a lot of gold. No, instead it’s because they’ve been making payments in gold. Donald Trump, real estate mogul and TV personality has accepted gold bullion as a security [...]

Gold Returns Strong as Debt Ceiling Raised

The government has come to some sort of agreement on cutting spending and raising the debt ceiling. Not sure if that’s good news or bad news? Well you’re not alone, the rest of the market looks like it feels the same way. The gold and silver market on the other hand took the news in [...]

Price of Gold Still Climbing over $1600

The price of gold is still on the rise and appears that it’s not going to stop soon. Gold per ounce has climbed and stayed over the $1600 mark now for over a week and has investors wondering if they should sell it all or just keep buying more. The US economy is obviously seeing [...]

George Soros Sells Gold, Should You?

OK, just because the billionaire hedge fund guru, George Soros, is selling gold, approximately $800 million worth of gold according to this Money article, does that mean you should be selling gold at these prices? I think the correct statement is that you should have been selling gold. But if you read the article, Soros [...]

Gold Jumps Big Today to $1565

For those who haven’t listened to the bears in the precious metals sector got a nice boost to their portfolios today as the price of gold shot up late in the day jumping almost $30 an ounce to hit $1565.70 as we write this posting. That’s a huge gain for a metal that has been [...]

Gold Tries for $1520 Today

The price of gold reached for $1520 per ounce (USD) today in heavy early trading but the profit takers woke up and decided it was time to take a little off the table. Or that’s what it seems like. The price of and ounce of gold reached $1517.90 today according to kitco.com and fell sharply [...]

Oil the Dollar and the Rising Price of Gold

It doesn’t look like gold is going to stop it’s rise in price even if Apple comes out with better than expected earnings results. It looks like gold got two more nods today as two other key indicators that investors are likely to dump money into precious metals tipped off. Both oil and the dollar [...]

Gold Reaches $1500 an Ounce

The price of an ounce of gold reached $1500 today, if even for just a trade. Reports are coming in that gold futures reach $1500.05 at 12:16pm. That’s right, the price that no one thought was reachable by the precious metals market, was reached. At the same time, the price of silver hit $44 and [...]