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 [...]
Gold to Break $2,000 a Troy Ounce by End of Year
September 20, 2011 By Leave a Comment
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 [...]
Investors Selling Gold to Cover Stock Losses
September 12, 2011 By 1 Comment
Royal Gold Announces Fourth Quarter Dividend
August 30, 2011 By Leave a Comment
Royal Gold, Inc’s. Board of Directors has announced that its fourth quarter share dividend was up by $0.11 per share of common stock. This dividend is designated as an “eligible dividend” for Canadian tax purposes. For anyone who doesn’t know, Royal Gold is a precious metal’s royalty company that engages in the acquisition and management [...]
Why Should You Invest in Gold Bullion?
August 22, 2011 By Leave a Comment
For thousands of years Gold has been used as currency and been a highly prized precious metal. Gold has always been a favored investment to hedge your portfolio against inflation. Gold prices in the international gold market can remain fairly stable through times of instability, recession and currency fluctuations. This is no more apparent than [...]
Gold Exceeding $1000
September 24, 2009 By Leave a Comment
A Gold Spike on Rising Gas
June 1, 2008 By Leave a Comment
Gold prices are down, dollars per ounce. The price of gold is around $880 per ounce and has dropped off dramatically in the last two months. For investors who haven’t gotten in on this run-up yet that could spell a great buying time. We’ve already seen the price of gold make huge strides toward $1000 [...]
What is gold used for?
April 17, 2008 By Leave a Comment
Gold, the most sought after metal in the world is sought not only because of its luster but also for the various other properties it holds. Properties of Gold Gold is a good conductor of electricity and heat. An important property of gold is that it is resistant to corrosion: it does not react with [...]