The price of gold at the beginning of the day renewed its all-time high, reaching $ 1911.46 per troy ounce. Speculative demand for the precious metal is backed by investor uncertainty in the recovery of the US economy, as well as a quick fix to the eurozone debt crisis. Only the next phase of quantitative … Read moreGold prices will not tolerate quantitative easing
Will gold and silver prices rise after Basel III rules come into force?
According to a survey conducted by Reuters twice a year by leading analysts of the precious metals market, analysts have raised their forecast for gold and silver. Analysts surveyed were unanimous that gold and silver prices will continue to rise due to the debt crisis in developed countries. The growing demand for gold and silver … Read moreThe forecast of average gold and silver prices has increased
Gold prices went up
Financial problems in Europe and the United States have driven the recent rise of gold to new all-time highs. This sharp rise in gold prices was the result of several factors. Swiss bank UBS said gold, which topped $ 1,600 an ounce on July 18, will be the only precious metal facing a supply shortfall … Read moreThe Wall Street Journal on the rise in gold prices
Rising prices in the summer of 2011 will continue due to fears of sovereign debt in the United States and the eurozone. Such a sharp rise in the price of gold in the summer is the first time in 29 years, and this has surprised many, with the exception of a few experts. Gold and … Read moreThe summer rise in precious metal prices continues
James Turk, a leading analyst in the global precious metals market, author of The Dollar Crash and How to Benefit from It, spoke in an interview with King World News on July 5, 2011 about the current situation in the gold and silver market. , and gave his predictions about the upcoming rise in precious … Read moreGold and silver prices are poised for summer growth