The price of gold has seen an instant boost following the reelection of President Barack Obama. Comex gold slumped last Friday to $1,675 but rose on Tuesday of this week to $1,724.30. The reason for last week’s price drop was linked to speculation that the labor market could improve in the coming weeks and months, […]
Gold Prices Break $1,700 on Bond Rumors and Initial Jobs Report
September 30, 2012 by
According to Reuters, spot gold prices for bullion held above $1,700 after it was announced that U.S. private sector jobs increased in August. The report reveals August saw the largest amount of jobs gained since March of this year. This also indicates that the Federal Reserve may decide not to embark on a third round […]
Gold Jumps to Five Month High Due to Fed Speculation
September 4, 2012 by
Bloomberg recently announced that speculators are currently increasing their bets on increased gold prices, which has sent gold prices to a five month high to $1,687. The reason for the surge in value has much to do with the speculation that the Federal Reserve will expand its record stimulus. If this is to occur, the […]
US Women’s Soccer Wins Gold Medal
August 20, 2012 by
Gold buyers and sellers within the United States are celebrating as the US Women’s Soccer team took gold in the 2012 Olympics. The action-packed finale against Japan ended in a 2-1 victory at Wembley Stadium. This provided the US an opportunity to avenge their loss to Japan in the 2011 World Cup. The US Women’s […]
How the 2012 Gold Olympic Medals Were Made
August 14, 2012 by
Are you curious as to how the 2012 Olympic Gold Medals are produced and where they come from? All gold medals are made on the edge of the South Wales Valley by the Royal Mint. According to the Royal Mint, each medal takes about 10 hours to be developed. They are then stored within a […]
Gold Production Ramps up as Price Expected to Increase
August 7, 2012 by
It has been reported that gold producers around the globe are ramping up gold production as economists are expecting a bull run for gold between now and Q1 of 2013. According to Jeffery Nichols of American Precious Metals Advisers, once the Fed takes reflationary monetary actions in the near future, it is possible that gold may […]
3 Things to Look for When Selling Your Gold
July 25, 2012 by
The past couple of years have seen gold prices rise to amazing heights, inspiring the buying and selling of gold like never before. If you are currently seeking a gold broker from which you want to get cash for gold, the following tips will help you find a broker you can trust: Face to Face […]
Federal Reserve Pending Actions May Boost Gold
June 20, 2012 by
According to the Associated Press, Gold has risen today due to prospects that the US Federal Reserve may make an attempt to stimulate the United States economy. Such a move may dramatically boost the gold bullion’s value as it would hedge against inflation. The news comes on the heels of a troubling US economic growth […]
Colorado May Legalize Gold and Silver as Currency
February 20, 2012 by
It is quite common for individuals to buy gold and silver; however, currently gold and silver coin cannot be utilized as actually currency. According to Senator Kent Lambert, “Coins that are minted by the U.S. government should be something that we can use in trade.
How to Make Top Dollar on Designer Jewelry
February 17, 2012 by
In today’s economy, it is very possible that you can get top dollar for hard-to-find designer jewelry. The secret is to find a cash for gold broker that you can trust, and to know exactly how much your items are worth. The Economy and Precious Metals/Diamond Prices The current market is offering amazingly high prices […]
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