Gold investing
Gold Price Appreciation
Gold Price Appreciation
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…)
Gold investing 
Gold Spot Price at $3,000?
Gold Spot Price at $3,000
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…)
Gold investing
SHOCKING Gold Price Prediction
SHOCKING Gold Price Prediction
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.
Gold investing
Spot Gold Price Over $2,600
Spot Gold Price Over $2,600
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…)
Gold investing 
Gold Price at another NEW HIGH
Gold Price at another NEW HIGH
Yes, if you’ve been reading my past post you know that it was just a few days ago, in my prior post I said that gold had said a new record high price, that was at that time $2,349.10.
gold bar
Well today, gold said another new high price, and is now at $2,367.20 it was up $16.20 on today’s session.
Many people have been wondering why gold is all of a sudden on a major move up. Well, for anybody keeping up with the latest news, the reason should be quite clear. It seems gold always moves up in times of crisis, economic instability and naturally a falling dollar. Today, unfortunately we’re seeing all of these occur, and these are the reasons that gold is gone to new highs. (more…)
Gold investing 
Spot Gold Price at New Record High
Spot Gold Price at New Record High
Yesterday, the spot gold price once again, set a new record high price,
Spot Gold Price at New Record High
Plus, yesterday saw a daily jump of $40.16 and ended the session at: $2,349.10
Investing in gold versus fiat currency.
Gold investing
The consensus for the value of gold
The consensus for the value of gold
The consensus on the value of gold is a bit mixed right now (March 30th, 2024).
As of yesterday, March 28th, 2024, the spot price of gold was around $2,234.10 per troy ounce. (more…)
Gold investing
Lackluster performance of gold price
Lackluster performance of gold price
With all the chaos in the world today you would expect the spot gold price to be way up. Considering that some people believe we’re the closest we’ve ever been to World War III, personally I would think we would be experiencing $3,000 Plus on the spot gold price!
But, what do I know I’m just an Arizona weekend gold prospector?
(more…)
Gold investing
Price of Gold
Price of Gold
Bloomberg recently published a piece called, ‘The Gold Market’s Great Migration Sends Bullion Rushing East.’
The article notes that China has imported 160 TONS of gold since April, India has added 80 tons, Turkey 62, and the list goes on. Is the U.S. — or other Western nations — selling gold to China? And if so, why wouldn’t we be buying it, instead? (more…)
Gold investing
Gold Price Plunges to Lowest in Two Years
Gold Price Plunges to Lowest in Two Years
On the markets today the gold price plunged do a two year low! Gosh, it was just March of this year that gold spiked up the over $2,000 an ounce, and yet, today is closed at a new two-year ago below $1,700 per ounce!
- Gold futures GCZ22,
-2.12% for December delivery fell $31.80, or 1.9%, to settle at $1,677.30 an ounce on Comex.
Gold investing
Spot Gold Price Over $2,000
Spot Gold Price Over $2,000 today!
In trading today, March 7th 2022 the spot gold price went over $2,000! (more…)
Gold investing
Gold Price @ $2,400
Gold Price @ $2,400
Fantastic interview! Love the quote “Mr Powell has to feel like a porcupine in a balloon factory”.
The conflict in Eastern Europe is likely to be protracted, and energy prices will respond by rallying even higher from current levels, said Pierre Lassonde, chairman emeritus of Franco-Nevada and CEO of Firelight Investments.
“I think that Mr. Putin calculated that this was going to be an easy, quick win for him, to just roll into Ukraine and essentially put Humpty Dumpty back together, which was what he was trying to do. His plans are not turning out exactly as he had wished. With the Germans now changing tack and saying, we’re going to provide military help, that has changed the possible outcome of this war quite dramatically. The longer it lasts, the more profound the impact is going to be, particularly on the energy market. If this goes on for two, three weeks, a month, I think you’re looking at $200 oil,” Lassonde told Michelle Makori, editor-in-chief of Kitco News on the sidelines of the BMO Global Metals & Mining Conference. (more…)
Gold investing
Spot Gold Price 2022
Spot Gold Price 2022
So, how will the spot price of gold do next year? Gold price in 2022? Will gold’s price go up? Will spot gold go down? Let’s see one gold investors educated guesses.
The creator of this video buys gold and other assets on a dollar cost average schedule and then buys more as price and interest allow. His primary focus is about buying gold coins. He does talk a little about cryptocurrency, mining stocks and other equities as well. (more…)