Tag: precious metals

Sweat of the Sun – Properties of Gold

Sweat of the Sun – Properties of Gold

From Mythology to the Economic Standard The Incas called gold the “sweat of the sun”; the Pharaohs insisted on being buried in what they referred to as the “flesh of the gods”; and Isaac Newton established gold as the benchmark of a new global economy. Sir Isaac Newton, England’s Master of Read More

January 24, 2009 | By | 1 Reply More
Invest in Platinum: 2009?

Invest in Platinum: 2009?

At face value, it seems that now is the right time to invest in platinum when you consider the highs and lows of the past 52 weeks. Platinum reached an all-time high of just over $2,300 per ounce in March of 2008 and today tries to hold firm around $940 an ounce–a 60% drop from its primordial heights Read More

January 3, 2009 | By | Reply More
Gold Takes Lead Over Platinum by Head

Gold Takes Lead Over Platinum by Head

With a front-running style, favored Precious Gold takes the lead by a head December 15th, 2008, 5:30 Eastern, with Price of Platinum coming in second at a price of $835 per ounce–$2 below gold. The prelude to this historical event was Friday, December 12th, when platinum and gold collided within a $1 Read More

December 15, 2008 | By | 1 Reply More
Platinum and Gold: When Metals Collide

Platinum and Gold: When Metals Collide

Although platinum is 30 times rarer than gold, the two metals’ prices collided throughout the day and finally closed with gold at $822 per ounce and platinum at $823! Today’s $1 spread was nothing short of historical for precious metals; the last time platinum and gold met at such close quarters  was Read More

December 12, 2008 | By | Reply More
Platinum Prices Tied to the Big 3 Automakers?

Platinum Prices Tied to the Big 3 Automakers?

Platinum fell below $800 an ounce on Thursday–a welcome sight for most in the fine jewelry industry, who consequently are able to lower platinum jewelry prices in hopes of motivating consumers to purchase such items as platinum wedding bands. Platinum has exhibited nothing short of a bona fide crash Read More

December 4, 2008 | By | Reply More
Gold Prices Going Up!

Gold Prices Going Up!

For the first time in some weeks, the prices of gold have started to rise.  It happened on Friday, after a week of miserable financial news and word that deflation was on the way as fuel prices fall, food and retail prices fall, and inflation backs off.  But gold comes to the rescue of investors, edging Read More

November 24, 2008 | By | 3 Replies More
Platinum Wedding Band Prices Down Sharply

Platinum Wedding Band Prices Down Sharply

With platinum prices down significantly this year, it is the perfect time to buy that platinum wedding band you’ve been eyeing all year. Apples of Gold Jewelry has lowered prices recently on all of its platinum rings, including their line of plain platinum wedding bands, design platinum wedding bands, Read More

November 20, 2008 | By | 1 Reply More
Mining Companies Prepare for Long “Winter”

Mining Companies Prepare for Long “Winter”

Goldminers and the companies they work for are “hunkering down” for a long and difficult winter, but not the one we normally think of. North American mining companies are preparing to ride out the winter of a global economic slowdown; looking to rein in spending and perhaps delay some projects Read More

November 2, 2008 | By | Reply More
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