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Gold Prices
An insightful look at gold prices, the gold market, and gold news and how it relates to today's economy and jewelry consumer, hosted by Apples of Gold Jewelry.
Gold Overtakes Platinum in the Precious Metals Market
A pretty rare occurrence that is not so rare nowdays: gold prices are valued higher than platinum prices in the precious metals commodities market. Say what? Yes, gold costs more than platinum! As of the close of the last business day (April 6, 2012), gold closed at $1,634.10 per ounce and platinum closed at $1,602 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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