After setting a new record of $ 1913.50 per ounce on Tuesday, August 23, the price of gold corrected to $ 1826. Mass sales are frequent after reaching another peak. We were able to observe the same correction after reaching the $ 1800 per ounce mark. Now the $ 1,800 price will serve as the … Read moreThe price of gold reached $ 1900 per ounce
Eric Sprott is the CEO of Sprott Asset Management, a Canadian-based investment company. In his interviews, Sprott constantly emphasizes the prospects of silver and that in the future it will rise more than gold. He also plans to sell some of his gold to invest in physical silver. In his view, silver should trade at … Read moreSilver should now be worth $ 120 an ounce
Gold prices could rise to $ 2,100 per troy ounce in the first quarter of 2012. This opinion was voiced by Oleg Dushin, senior analyst at Zerich Capital Management. According to him, “in the conditions of whipping investors fears about the debts of Western countries, mainly Europe, gold has retained its appeal as a hedging … Read moreGold $ 2100 per ounce in the first quarter of 2012
Gold will jump to $ 4,000 an ounce in 3 years
Once again about the origin of the troy ounce as a measure of weight
According to a recent study by Citigroup, due to fears of sovereign debt in Europe and the debt crisis in the United States, the price of gold could rise to $ 2,500 per ounce, or even much higher, to $ 5,000. Gold is now trading above $ 1,600 an ounce as investors continue to move … Read moreCitigroup expects $ 2,500 per ounce of gold
The price of gold continued the triumphant summer rise and at the end of last week it stopped at $ 1597 an ounce, almost conquering the price of $ 1600. Seasonality is of great importance in the consumer goods markets, so the importance of the price rise in the summer cannot be pronounced enough. But … Read more$ 1,600 an ounce is just the beginning
On Monday morning, July 18, the price of gold was able to surpass the $ 1,600 an ounce mark after 11 consecutive days of growth, reaching $ 1603.40. The rise in the price of gold was facilitated by the uncertain situation of debt bonds in Italy, as well as by the lack of progress in … Read moreGold broke $ 1,600 an ounce
The price of gold rose to $ 1,600 an ounce today after yesterday’s statement by U.S. Federal Reserve Chairman Ben Bernanke on the possibility of a new stage of quantitative easing (QE3) to stimulate the U.S. economy. July 14, 2011