RSSCategory: Gold Prices

Gold & Silver Prices… Forever Linked?

Gold & Silver Prices… Forever Linked?

The price of gold has been inching up again.  It hit $953 per ounce this past week.  And then just as glibly, it floated back down to $940.  It’s been doing that little “up-down-dance” for the past several months and shows no sign of making major climbs, or declines for that matter, anytime soon.  It […]

August 25, 2009 | By | Reply More
Gold Prices Up over Weak Dollar

Gold Prices Up over Weak Dollar

Gold prices are hopping, once again.   Amid months of downturn in the economy and worries over weakness in the dollar, the price of gold has turned and gone upward, increasing the metal’s appeal as an alternative investment.   But there’s more to it than that. Analysts say that gold mining companies are seeing an increase in profits, up […]

August 17, 2009 | By | Reply More
Diamonds Are A Girl’s Best Friend… or Soon Could Be!

Diamonds Are A Girl’s Best Friend… or Soon Could Be!

It’s a good time of year to talk about ice, isn’t it?  August is, for people living in the Northern Hemisphere, the hottest month of the year, and there is nothing cooler to think about than ice.  Or for this discussion, diamonds. Just like the rest of us, diamond vendors have been suffering through this […]

August 10, 2009 | By | Reply More
Economy Up?  Gold Prices Down!

Economy Up? Gold Prices Down!

If you’ve been watching the markets and the news reports just lately, you know what this blog is about: the economy may be stabilizing, the dollar is also seeing some brightness, and the price of gold is edging downward.  It’s a delicate dance that our financial markets and system honor. “The yellow metal and the […]

August 3, 2009 | By | Reply More
Is the Economy “Back?”

Is the Economy “Back?”

The New York Stock Exchange had wonderful news for the world last week as it closed above the 9000 mark for the first time since January.  The numbers were driven up by a third straight month of increases in home sales.  Since the real estate and mortgage meltdown led the economic downturn, it seems fitting that it […]

July 27, 2009 | By | Reply More
Gold Prices Trending Upward

Gold Prices Trending Upward

Gold, the bellwether of market and economic trends, has opened slightly higher this week.  The reason?  A somewhat weaker dollar. There has been a five week slump in gold prices, but as last week closed, the price jumped up by about $24.  The precious yellow metal reopened on Monday at $952.40 and then started a […]

July 20, 2009 | By | Reply More
Gold Regains Stability

Gold Regains Stability

The price of gold, slipping and sliding through the economic slushiness we’ve had of late, appears to have stabilized as the week begins. Gold, which had been falling as the dollar steadied on world markets, has now reversed itself.  The price was holding steady as the dollar weakened against the euro and oil prices continued […]

July 14, 2009 | By | Reply More
China and Gold Prices

China and Gold Prices

Have you ever wondered what impact nearly 1.5 Billion people could have on the gold market?  China is the world’s fastest growing economic force and they are making their might known in the gold markets in a very big way.  The reason why has very much to do with the recession which seemed to start in the […]

June 29, 2009 | By | Reply More
End of the Gold Bull Market?

End of the Gold Bull Market?

Watching gold prices again?  They are still down.  In fact, some are calling the end of the bull market on gold.  I saw this headline when I look around the internet to see the mood of the market: How the Gold Bull Market Ended That’s pretty stunning, isn’t it?  It was posted on a website that […]

June 23, 2009 | By | Reply More
Good News for Gold Buyers: Prices Level Off

Good News for Gold Buyers: Prices Level Off

There is good news and bad in gold prices this week.  It all depends on your point of view and position in the gold market. As we’ve discussed here several times, the price of gold is firmly tied to the strength of the U.S. dollar and what goes on in the American economy.  When the […]

June 8, 2009 | By | Reply More