Well, we’re just 10 days into the new year and the Futures spot gold price just said a new high for the year today! Yes, the gold Futures spot price jumped over $25 an ounce today.
gold bars
Although the precious metal’s rally stalled following Donald Trump’s White House victory in November, gold still closed out the year with a gain of over 27%, beating the S&P 500’s gain of more than 23%.
gold bars
Using a 200-year-old map created by a dying man, they are on a quest to locate a hidden fortune worth over $200 million buried in the Arizona Mountains.
Explore the treacherous Superstition Mountain region, seeking physical evidence of this legendary gold mine. Will this exploration reveal the truth behind these ancient maps and the elusive gold mines of Arizona? Discover the secrets of the gold mine mystery in this thrilling video, (more…)
E.C. Thoroman, a passionate gold mine prospector from the 1950s.
This captivating gold mining documentary takes you on a journey through Arizona’s historic placer gold fields, where the spirit of gold hunting still thrives. Join us in looking for gold across Arizona’s diverse landscape, from Big Bug Creek to the legendary Lost Dutchman Mine. (more…)
Just today, the Feb gold futures were up over $35 per once!
With the latest increases in the spot price of gold. Is it possible for a new record high before year end?
gold spot price
Given the recent surge in gold prices and the potential for continued market volatility, it’s definitely possible that gold could reach a new record high before the end of the year.
However, it’s important to remember that predicting market movements is inherently uncertain. (more…)
Gold has seen a significant increase in value this year, with the price rising by approximately 28.86% since the beginning of 2024.
As of November 30, 2024, the price of gold is around $2,657.79 per ounce. (more…)
Investing in Gold
In 2024, both gold and the S&P 500 have experienced significant growth, with gold slightly outperforming the S&P 500.
As of early November 2024, gold has seen a year-to-date increase of around 17-18%, while the S&P 500 has gained approximately 17-18%.
Beginner’s guide to gold panning and extracting the fine gold with a suction bottle.
Gold Panning
Gold panning is a traditional method of separating gold from other minerals in sediment. Here’s a basic guide:
Seasoning a Plastic Gold Prospecting Pan
Why Season a Plastic Pan? A new plastic gold pan often has a smooth finish that can cause tiny gold particles to slip away.
Seasoning the pan roughens the surface, creating more friction and helping to trap gold particles. (more…)
Not only are large Banks and individual countries stocking up on gold, but since Costco has been offering 1oz. gold bar sales, the General Public has been making this one of the hottest sellers at the Costco warehouse chain. (more…)
Even with an afternoon consolidation, both the Futures gold price and silver price hit new highs today!
The Silver futures spot price briefly hit $34 per ounce, the highest level in 12 years before paring gains. (more…)
Well, even though the spot price of gold made a new all-time high price today, it’s still far from $3,000 an ounce!
gold bars
But with the momentum that we’ve seen just in the last month or so, there is a possibility that gold could hit $3,000 an ounce by the end of the year! (more…)
As I’m writing this the futures spot price of gold just broke through an all-time high. Currently, the gold spot price is over $2,700 per ounce!
Gold at New High Price
This video looks at gold’s role throughout the history of mankind.
We will find out how and why gold became money and trace its path through the rise and fall of empires and civilizations. (more…)
As of September 2024, the spot price of gold has seen a significant increase.
The spot gold price has experienced a bullish trend, driven by factors such as geopolitical tensions, economic concerns, and inflationary pressures.
San Domingo Wash Gold
The San Domingo Wash area in Arizona has a rich history of gold prospecting that dates back to the late 19th century. The first significant discoveries were made in the 1870s, leading to a boom period that saw the establishment of several mining towns, including Old San Domingo and New San Domingo. (more…)
Well, after today’s move I would say that there’s a distinct possibility we might see gold spot price at over $3,000 per ounce by the end of the year!
Besides World tensions affecting the price of gold, tomorrow might be the first of a series of Federal Reserve interest rate cuts. It may turn out that interest rate cuts drive down the value of the dollar and thereby increase the value of gold. (more…)
Goldfield was a bustling mining town in the early 20th century, renowned for its rich gold deposits. Its story is a classic example of the American West’s boom-and-bust cycles.
Discovery and Boom
The Lost Dutchman gold mine is one of the most enduring legends of the American West.
It’s said to be hidden somewhere in the Superstition Mountains of Arizona, and its existence has tantalized treasure hunters for over a century. (more…)
