RSSCategory: Gold Prices

Platinum: Softening Gold’s Drop?

Platinum: Softening Gold’s Drop?

As usual just lately, it’s a rough turn into the week for gold prices.  Gold prices fell the most in six weeks as the dollar’s climb and slumping energy costs reduced demand for the precious metal as a hedge against inflation. Silver also declined. So I thought we’d take a look at platinum prices.  South […]

January 12, 2009 | By | 1 Reply More
Gold Prices Waver… Should You?

Gold Prices Waver… Should You?

Remember that little hit of satisfaction when you heard that the first day of trading in the new year showed the first real gains in some months? The result? The dollar rose just slightly, crude oil prices fell nearly 5%, and gold came down just a little bit, too. The price of crude fell because […]

January 5, 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 […]

January 3, 2009 | By | Reply More
Gold Prices Hit Historic High!

Gold Prices Hit Historic High!

I was going to write about making resolutions relating to buying and investing and enjoying gold in coin, jewelry and investment gold this week, but when I took a look at the news of the day, I felt compelled to discussed what is going on in the markets. That’s because gold advanced for a second […]

December 29, 2008 | By | 2 Replies More
Holiday Gold Giving!

Holiday Gold Giving!

Have you been in the malls in the last month or so? Gold prices are up, but so are the “sale” and “deep discount” signs.  But gold is expected to do okay this season, as retailers sink deep into the worry zone that has clinched all businesses during this downturn. Idexonline.com reports that nearly half […]

December 24, 2008 | By | 1 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 spread of each […]

December 15, 2008 | By | 1 Reply More
Gold: Time to Buy, Sell, or Hold?

Gold: Time to Buy, Sell, or Hold?

The price of gold is doing the rollercoaster thing again. Up sharply in the last week, then dropping precipitously in the last several days, and why? Experts tag this to the fact that it did go sharply up and then come screaming downward as everyone rushed to sell their gold at the record high prices. […]

December 15, 2008 | By | 2 Replies 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 1996! Platinum has […]

December 12, 2008 | By | Reply More
Marketwatch: Gold Prices Waver

Marketwatch: Gold Prices Waver

Gold prices are already starting to rebound, after two weeks of falling prices brought on by a steep crude oil decline and worries about deflation. But let’s factor in a few other things, like predictions in the past week that the price of a gallon of gas at the pump could drop to $1 per […]

December 8, 2008 | By | Reply More
Snapshot: Gold Mining in the Philippines

Snapshot: Gold Mining in the Philippines

The interesting thing about the internet these days is that we can see the inter-play of gold prices and the international economic climate.  We can read about laid-off retail workers in England, nervous buyers in Israel and the Mideast, and frightened consumers around the United States. But we can also see a bright spot, like the gold market.  […]

December 1, 2008 | By | 1 Reply More