May 18, 2012
Investing in Gold, Buying Gold
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 [...]
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 [...]
Gold dropped to below $1,700 an ounce as investors continue their broad sell off to cover other losses in the market. Escalating anxiety that Europe’s debt crisis will spark a global economic recession is making matters even worse, as there looks to be no place for investors to turn. Gold was acting as a safe [...]
The price of gold continued its recent drop today, as cash starved investors are in the midst of a sell off to cover their stock losses in other areas. Investors dumped gold for cash after the Federal Reserve’s downgrade of the U.S. economy and disappointing operation twist led to a deep selloff in stocks. Gold [...]
Since hitting a whopping $1,900 per ounce, the price of gold has slowly and steadily dropped back down. Should you be worried? Even if gold drops another $100, it will still be trading well over the $1,600 an ounce price range. Some investors (both big and small) are a little worried. The price drop signifies [...]
Speculation continues on when gold will hit the $2,000 an ounce price range. I have written regarding this subject several times, and anyone who follows this knows that I believe gold will hit $2,000 per ounce before 2011 ends. It seems as though more and more experts are jumping on this bandwagon. Speaking at the [...]
How hard is it to truly predict the price of gold? Just look at the forecasted numbers from HSBC regarding gold prices for the future. It seems as though even they are having difficulty forecasting the price of gold for the coming months and into 2013. The numbers are listed below, and while they don’t [...]
Gold prices were relatively stable today, as most investors chose to keep a close eye on the developing situation in Europe, particularly Greece. Gold for December delivery lost $3.60 to close at $1,826.50 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,848.20 and [...]
Gold prices on Friday reacted pretty wildly on President Obama’s speech regarding the job situation in America. Prices started in the red, but quickly spiked back up to finish the day higher on news that a German European Central Bank board member resigned. Gold prices have been spiking wildly lately, as the price of gold [...]