Gold prices rise as Fed keeps interest rates low
January 25, 2012
| AP
Gold rose 2.1 percent to finish Tuesday at $1,700.10 an ounce. It's the first time the settlement price has topped $1,700 an ounce since early December. Investors tend to buy...
Gold prices fall a fourth day on Europe worries
December 15, 2011
| AP
Gold fell $9.70 to finish Thursday at $1,577.20 an ounce. That's nearly $140 less than it was four days ago and more than $300 lower than last summer's high of $1,900 an...
Gold prices continue record- setting pace
August 19, 2011
| AP
The precious metal rose $30.20 to end Friday at $1,852.20 an ounce, its fifth straight day of gains. Gold is up about 30 percent this year. Investors buy gold during times of...
Gold prices fall on hopes of debt solutions
July 20, 2011
| AP
Gold for August delivery settled down $4.20 at $1,596.90 an ounce Wednesday. It's the second consecutive day of lower prices after the metal topped $1,600 an ounce. There...
Gold prices rise on fear of another US recession
August 22, 2011
| AP
Gold ended Monday at $1,892 an ounce. Investors are buying gold because it is seen as a relatively stable asset. Traders are concerned about the potential for another U.S....
| | | |
Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a hedge or harbor against economic, political, or social fiat currency crises (including investment market declines, burgeoning national debt, currency failure, inflation, war and social unrest). The gold market is subject to speculation as are other markets, especially through the use of futures contracts and derivatives. The history of the gold standard, the role of gold reserves in central banking, gold's low correlation with other commodity prices, and its pricing in relation to fiat currencies...
Gold Prices Related Topics
|
