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 […]
Faith in the Bailout? Or in Gold?
With the U.S. government now struggling to steady the teetering economy, and bailout after bailout being sucked down by greedy banks and other businesses who then ask for more, where can investors look? The market is clearly struggling under the weight of unscrupulous investment deals that have now gone south. And many are looking at the […]
Gold Standard – Part II
Last week we talked about the Gold Standard, which was when the United States government guaranteed each gold-backed American dollar in circulation. With the current economic contraction that is underway, some people are positing the notion that returning to the gold standard would help. But the reality is that the gold standard contributed to the […]
Gold Up; How About a Gold Standard?
The price of gold vaults upward, surpassing predictions and hits $1000 per ounce this week. Not surprising, given consumers and investors concerns about the stability of the American dollar. The value of gold always flies in the opposite direction of the dollar’s value. That is, if investors think the dollar is going up, the value […]
Gold Surpasses $1,000 on Fears of Inflation
Fears fomented by long-term inflationary concerns over President Obama’s huge stimulus package drove investors to gold as a hedge against likely devaluation of the U.S. dollar. Historically, the price of gold has been intimately wed to the value of the U.S. dollar. This was not difficult to predict. As the dollar loses value, gold gains […]
Gold: Near Record High and Potential to Reset
The price of gold continues to climb this month, as investors fears continue to drag on the American dollar. The price stood at $950 per ounce last week, as the U.S. President Barack Obama pleaded and actually sort of bullied Congress to take action on his Stimulus plan. The “safe haven” appeal of gold continues […]
Rare Historical Gold Coins
Apples of Gold has partnered with Stauer to bring you a rare collection of historical gold coins. With gold prices climbing and inflation on the rise, now is a perfect time to purchase gold coins. 100 Year Old $5 S-Mint Liberty SF Gold Coin These historical coins are dated 1866 – 1906 made in .900 […]
Gold: To Buy or Sell?
Now that the United States has newly installed President Barack Obama in the White House, many of us thought things would start turning around. If you were one who had such high expectations, then more’s the pity to you–although it may be too soon yet to tell. But as expected, with the American dollar fluttering, […]
“The Real Price of Gold”
The price of gold slipped slightly last week, which is in stark contrast to what the so-called “experts” said to expect long term. Analysts at Morgan Stanley and UBS said Wednesday they expect gold prices to trade higher in 2009, benefiting from some safe-haven buying as well as long-term concerns about inflation. One expert said […]
Gold Prices Rocket Up, then Dip Slightly
Yup, it was a tough week for the American dollar. More businesses failed. More mortgages foreclosed. More people lost their jobs. Consumer optimism is low. The dollar sank. But gold prices are booming again. Gold rose to its highest in a week overseas this (Monday) morning, riding on a recovery in stock markets and a […]