Gold News

Gold Prices Rise in February as US Dollar Value Increases

Gold prices recorded a rise this week and so did the US dollar. With an addition of $10.40, gold for delivery in April will be sold at $1,728.10 per ounce. The New York Mercantile Exchange’s Comex division will offer gold at this price. In the recent months, there have been … more

Gold Price Spikes after Dip of 2% during February 2012

After declining by over 2% in just 2 days, gold prices went up on Tuesday, 7th February. The spot price for gold rose by around $28 on Kitco old index, to reach $1,745. The gold futures on NYMEX, which are due in April, also gained by $23.50 to close at … more

Investors Purchasing Physical Gold after Prices Drop

With commodities and stocks reducing in value, gold prices dropped. This followed on the heels of speculations that it was likely that Greece would default. Gold prices fell by $6.000 when talks between bond holders and Greece did not end in an agreement. A €130 billion rescue package leans heavily … more

Increasing Greek Default Odds Bring Down Gold Price

At the beginning of year 2012, the price of gold was a little above 1600 USD ($1,613 to be precise).

January has been particularly good for the precious metal, as its prices followed a relatively inclining trend during the month.

However, on Tuesday, 24th January, 2012, the price of gold had declined … more

Second Half of New Year may See Gold Prices Reach $2,000

Investors are keen to know whether the past decade’s gold boom is set to reach a new high. Surveys have been indicating that it is possible that gold will trade along the present levels during the first six months of the year. This may be followed by a rebound in … more

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