Gold Market Update 2/10/10

by admin on February 10, 2010

During the first nine days of February 2010, the United States gold prices have varied from around $1,115 per ounce at the beginning of the month to $1,076.70 per ounce at the close of trading on February 9, 2010. This represents a short term decline of about $40 per ounce or 3%.

Notable Articles on Gold Bullion [click to continue…]

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COMEX: Gold Down to $962.50

by admin on June 5, 2009

COMEX: Gold Down to $962.50

Gold is down approximately 2% in trading today, and reaching down toward $950. After having risen nearly a full hundred dollars in May, this weeks decline seems to indicate the market’s reluctance to see gold rise above the $1,000 barrier. [click to continue…]

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Gold Still Shines

May 18, 2009

There appears to be a unsure carrying on over the preceding month between the powers proclaiming a nascent economic recuperation and those that believe there is still a longsighted road of economical contraction and expanding unemployment still ahead. Reality be told, gold is expected  to shine regardless however this finally runs down.

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Palladium: An Introduction to the Other White Precious Metal

April 28, 2009

Palladium, not to be confused with platinum, is one of a group of white precious metals that can be used for a variety of commercial applications (i.e. computers, mobile phones, dentistry, medical equipment, fuel cells) as well as in the manufacturing of beautiful pieces of fine jewelry. Most palladium today, however, is used in the [...]

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The Basics of Investing in Gold Coins

April 28, 2009

For serious investors looking to purchase gold bullion, coins often yield higher returns than gold bars. The main reason is that gold bullion coins carry intrinsic value beyond their carat weight and gold content. Gold bullion coins are also valued for their age, mintage, condition, design and country of origin.
Current gold bullion coins on the [...]

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Gold Below $900 After Two Down Days

April 28, 2009

Gold fell for a second day in Asia, dropping below $900 an ounce as a rally in the dollar curbed investors’ demand for the metal as an alternative investment.

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ETF Increasing Holsings in Platinum and Palladium

April 27, 2009

The amount of metal ETF Securities holds to back its London platinum and palladium exchange-traded commodities rose by 2.4 percent and 4.4 percent respectively in the week to last Friday, the company said.

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China Stockpiling Gold

April 27, 2009

China has quietly almost doubled its gold reserves to become the world’s fifth-biggest holder of the precious metal, it emerged yesterday, in a move that signals the revival of bullion after years of fading importance.

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