The gold spot price is the set price of gold for a particular time and date and is used for the trading of gold. The price is referred to when buying or selling gold or any gold related items such as gold ETFs in order to get a standard rate with which the metal can…
Category Archives: Gold Price
How to Test Gold
Do you want to find out how to test gold to ensure you know its quality? Gold buying can be a very risky business as you may be fooled into buying lower karats of gold at a price for a higher karat, or into buying plated or fake pieces of jewelry so you need to…
Gold Price Index
If you want to have a better perspective about investing in gold, it would be good if you can get a gold price index in your particular area and the specific type of investment that you would like to make. A gold price index will give you the average price for gold for a particular…
Gold Bar Price
Gold bar prices vary depending on the current price of gold and can be one of the best investments you can make in your lifetime. The value of gold traditionally never fails to lessen with the passage of time and aside from that it has been used as a form of currency in order to…
Price of Gold Hit a New Record Today
The price of gold hit a new record today after data from the United States showed slower than anticipated economic growth. Costs for food and gasoline have risen, and consumer spending has slowed. The US debt and out-of-control spending, and borrowing has affected the U.S dollar which has continued to slump. This comes on news…
Price of Gold Rebounds
The price of gold rebounded today following Tuesday’s decline and the announcement from the Federal Reserve that they will keep their key interest rate at a historic low rate of low range of 0% to 0.25%. The Fed came to a unanimous decision to let its controversial $600 billion treasury bond purchasing run its course…
Gold Futures Continue to Climb
Gold Futures continued to climb today well above the $1500 an ounce level on news of a weakening dollar and in anticipation of the long Easter weekend. The markets will be closed this Friday in observance of Good Friday Easter holiday. Stephen Platt, an analyst for Archer Financial recently said, “The dollar is the major…
Price of Gold Increases Above $1500 An Ounce
The price of Gold increased above $1500 an ounce yesterday, and today continues to climb. $1500 an ounce gold was an all-time high milestone. Today major stock markets shot up in large part due to strong corporate earnings in Europe and the United States. Overall there was a prime commodities rally after the Dow reached…
Gold Prices Hit $1500 an Ounce
Gold prices hit $1500 an ounce for the first time ever today as gold futures for June delivery reached $1500.50 an ounce. This intraday high was briefly reached before resettling to $1495 an ounce. The sudden Gold Spike comes on news from Standard & Poor’s report that the U.S outlook for long-term debt has been…
Gold at $1500 – Will it Happen Soon?
Gold at $1500 moved closer to reality today as prices rose almost half a percent on early trading. This came as a response from Standard & Poor’s negative outlook on the US economy. This news fueled a sharp rally in gold futures. With April contracts reaching a record of $1,496.40 per troy ounce. The Standard…