February 4, 2012

Gold Prices Stay Even as Investors Eye Europe Situation

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 Surge Back Up On European Debt News

Well, it didn’t take long for the price of gold to rebound back. Gold prices surged back up on European debt news. Investors were taking advantage of the 3% price decline in gold from Monday and continuing to put their money in the yellow metal to act as a safe haven for them. Gold for [...]

Gold Prices Rally Back Up a Day After Price Drop

Gold prices rallied back up today, just one day removed from the biggest price drop in gold in over two weeks. That didn’t take long, nor did I think it would. The stock market is as volatile as ever and investors and bargain hunters are looking for a safe and secure place to not only [...]

Gold Climbs to New Record and Hits $1,800

Gold continues to climb to new records, as it hit a record $1,800 yesterday as nervous investors continue to pull their money out of stocks and snapped up precious metals contracts. Silver is also doing well, as the demand for all precious metals is simply hotter than ever right now. Gold is fast becoming a [...]

Gold Has Increased for 124 Straight Months

Gold has now increased in price for 124 straight months, which is a staggering fact. That means that there hasn’t been a single month in over 10-years where gold has not gone up in price and benefited and many people. Surprisingly enough, on the heels of this news came the news that the ongoing debate [...]

Gold Buyers Looking For Deals

The dollar finally had a little bump yesterday against the Euro which sent precious metals retreating after making large moves last week. Oil has been trying to help gold buyers regain some confidence in the metal but to no avail. Gold, for the second straight day, fell $20 plus per ounce in trading. Gold stands [...]

Price of Gold May Signal a Golden Buy

Buying gold has been good choice for the past year. Huge gains have made a lot of investors who dumped the dollar, dumped stocks, a lot of money. The price of gold reached $1000 per ounce not too long ago and looked like it wasn’t going to stop any time soon. Then the stock market [...]