Gold Price
Gold Price

If the so-called ‘gold bug’, investors who believe passionately in the long-term value of buying gold, are right, then this could be a good time to add a little glitter to your portfolio. Over the last five years the price of gold has more than doubled from US $250 to US $574 a troy ounce and it is still nowhere near it’s all time 1980 high of US $850 a troy ounce. In fact, there are many who believe it could double in price AGAIN!
Just because gold is cheap now when compared to 25 years ago doesn’t automatically mean that it is a good investment. However, there are three sound reasons to believe that prices will continue to soar.
Firstly, the growing economies of Asia and the Middle East have resulted in a huge surge in demand – especially for gold jewellery. For proof one need look no further than global gold jewellery sales, which increased by 19% last year.
Secondly, a rising number of private investors all over the world have been putting some or all of their savings into gold as a hedge against economic or political instability and, in some cases, war. When investors feel the future is uncertain (as many appear to at the moment) demand for gold always surges. This is doubtless in no small part due to the fact that the price of gold tends to move in the opposite direction to virtually all other conventional asset classes – making it ideal when investors wish to diversify.
Thirdly, the mining industry can’t keep up with demand. Last year’s figures show that in excess of 4,000 tonnes of gold were purchased, but only 2,500 tonnes were mined. What’s more, production is falling by an average of 4% a year and it will take the industry anything up to ten years to increase supply by the required volume. In the past, when demand outstripped supply, the shortfall was met by many of the world’s central banks. No longer. Countries, which had been disposing of their gold reserves, have slowed down sales or even stopped selling altogether. Some central banks, notably those of Russia, Iran and China, are actually believed to be buying bullion.
Although I believe that gold prices are likely to carry on moving upward, I would only suggest buying if you already have a range of other investments including shares, bonds and property. Furthermore, I wouldn’t necessarily advise buying gold coins or gold bars. The idea of owning a little ‘hoard’ may seem attractive, but gold in all its forms is expensive to ship, store and insure. Instead you may like to consider investing in one of the various gold mutual funds. These offer a cost-effective, convenient and potentially more lucrative way to benefit from any increase in gold’s value.
A good example of what a mutual gold fund has to offer is the top-performing Merrill Lynch Gold & General Fund which has produced an average annualised gain of 33.9% over the past five years and which is up around 1000% since its launch in 1988. The bulk of the UK£855 million fund is invested in gold mining shares. Obviously, gold mining shares rise in line with the value of gold. Your risk is diversified and you can leave it up to the fund manager to choose the best opportunities. There are plenty of funds to choose from and you can pick a fund that matches your own objectives. One fund might aim to track the price of gold, for instance, another to track one of the various market indices such as the FTSE mining index.
Speaking of the FTSE mining index, which outperformed the FTSE all-share index in 2005, if you have plenty of capital at your disposal an alternative option would be to buy a portfolio of individual mining company shares. On the upside this will give you greater control and involvement. On the downside you will have to decide which of the hundreds of different mining company shares to buy.
There is one further possibility worth considering. Invest your money in one of the exchange-traded funds (ETFs) for gold. An ETF is listed on the stock market and allows you full exposure to the price of gold, without actually having to take delivery of the bullion. The fund buys and holds the gold, while the investor holds ETF shares. The world’s biggest ETF is Exchange Traded Gold (marketed under different names) which holds 431 tonnes of the yellow metal. This is more than the Bank of England’s reserves.
One of the most senior industry experts in the world, Robert McEwen of U.S. Gold, was recently reported as predicting that gold prices may reach US$2,000 an ounce by 2010. If he is right, you could be kicking yourself for not getting into the market whilst prices are still relatively low.
Justin Power
Gold Price At $15000 Per Ounce
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GOLD PREMIUM NEW YORK NUMBER 212-x4488xxfor you new Businesses Great price SALE $119,000.00 |
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GOLD PREMIUM NEW YORK NUMBER 347xxx8888for you new Businesses Great price SALE $109,999.88 |
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Honda : Gold Wing GL1800 “HR Signature Series” New Lower Price!!! 2012 Honda GOLDWING Trike GL 1800 Roadsmith Two-Tone Trike OTD!!! $35,985.00 |
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Honda : Gold Wing 2012 Honda GOLDWING Trike GL 1800 Roadsmith Two-Tone Trike OTD!!! $34,985.00 |
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Honda : Gold Wing GL1800 “HR Signature Series” New Lower Price!!! New 2012 Honda GOLDWING Trike GL 1800 Motor Trike OTD!!! $34,485.00 |
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Honda : Gold Wing GL1800 “HR Signature Series” New Lower Price!!! New 2012 Honda GOLDWING Trike GL 1800 Motor Trike OTD!!! $34,485.00 |
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Honda : Gold Wing GL1800 “HR Signature Series” New Lower Price!!! New 2012 Honda GOLDWING Trike GL 1800 Motor Trike OTD!!! $33,485.00 |
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Honda : Gold Wing GL1800 California Sidecar “Deluxe Series” New Lower Price!!! New 2012 Honda GOLDWING 1800 CSC California Sidecar Trike $33,485.00 |
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Honda : Gold Wing GL1800 “Deluxe Series” New Lower Price!!! 2012 Honda GOLDWING Trike GL 1800 Roadsmith Trike OTD!!! $32,999.00 |
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Honda : Gold Wing GL1800 “HR Deluxe Series” New Lower Price!!! New 2012 Honda GOLDWING Trike GL 1800 Motor Trike OTD!!! $32,499.00 |
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Honda : Gold Wing GL1800 Motor Trike “Standard Series” New 2012 Honda GOLDWING Trike GL 1800 Motor Trike New Lower Price!!! $29,485.00 |
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Honda : Gold Wing New 2012 Honda GOLDWING Trike GL 1800 Motor Trike New Lower Price!!! $29,485.00 |
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FRANCK MULLER SECRET HOURS 7880 SE H II * WHITE GOLD * LOW PRICE NEW & UNWORN $28,444.70 |
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Honda : Gold Wing BRAND NEW 2012 HONDA GL1800HPNAM ABS GOLDWING GL1800 OUT THE DOOR PRICE!! $23,498.00 |
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Honda : Gold Wing BRAND NEW 2012 HONDA GL1800HPNAM ABS GOLDWING GL1800 OUT THE DOOR PRICE!! $23,498.00 |
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Honda : Gold Wing NEW 2012 Honda Goldwing ABS BRAKES IN STOCK!!! LOWEST OTD PRICE ON EBAY $23,485.00 |
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GOLD PREMIUM NEW YORK # 212-xxx-6666 for you new Businesses Great price on SALE $22,888.88 |
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Honda : Gold Wing BRAND NEW 2012 HONDA GL1800 GL1800HPMC GOLDWING GL1800 OUT THE DOOR PRICE!! $19,998.00 |
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Honda : Gold Wing BRAND NEW 2012 HONDA GL1800 GL1800HPMC GOLDWING GL1800 OUT THE DOOR PRICE!! $19,998.00 |
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Honda : Gold Wing NEW 2012 Honda Goldwing IN STOCK!!! CALL FOR BEST PRICE $19,985.00 |
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Honda : Gold Wing New 2012 GL18HPNM. Call for Lowest Price!! New 2012 Honda Goldwing GL18HPNM $19,100.00 |
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22k 24K Gold Mughal style enamel 18.5 Ct Diamond Bracelets / 2 at the price of 1 $16,500.00 |
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Sale Paydirt..guaranteed 12 oz GOLD NUGGETS AND PICKERS BELOW SPOT PRICE $16,495.09 |
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Cartier Rotonde 18K White Gold Big Date PRIVEE W1550751 LOWER PRICE!!! $16,250.00 |
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Jaeger-LeCoultre Master Control 18K Yellow Gold Q140189 LOWER PRICE!! $14,500.00 |
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Wholesale price 14K white gold 12.71 cts diamond bracelet H color SI1 $10,990.00 |
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TOM FORD Brown Crocodile Satchel with Gold Hardware (Original Price 28,960) $10,950.00 |
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Chopard Love Bracelet. 18K White Gold set with Diamonds. $17,000 Retail Price. $9,999.00 |
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★★ CLASSY SET ★ NATURAL GOLD DIAMOND NECKLACE EARRINGS ★LOWEST EBAY PRICE ★★ $9,999.00 |
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PLATINUM AND 750 GOLD NECKLACE/CHAIN UNIQUE! GORGEOUS.NEW PRICE! SO CLASSY LOOK! $9,999.00 |
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Patricia Daunis 24″ Glen Cove necklace 14K Gold Retail price $17,942 Mint $9,995.00 |
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PRICE CUT SALE►►HOLLYWOOD’S BEST RING ►NATURAL ZAMBIA EMERALD GOLD DIAMOND RING★ $9,900.00 |
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1911-D ICG MS61 $5 Indian Gold * Nice Original Skin* Free Shipping* GREAT PRICE! $8,950.00 |
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★★★★EXTRAORDINARY STRING ★★ NATURAL GOLD DIAMOND NECKLACE ★LOWEST EBAY PRICE ★★ $7,990.00 |
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▓▓ SUPER PRICE BUSTER !!!! ALERT !! NATURAL ZAMBIA EMERALD GOLD DIAMONDRING $7,800.00 |
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Diamond Wedding Set Ring 3.25 Ct Cushion Cut 18K White Gold!Great price!VS2-SI1 $7,300.30 |
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Diamond Engagement Ring & Matching band 3.50 Ct Oval Shape 14K Gold! Great price $7,104.30 |
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1883-S ICG MS63 $20 Liberty Gold * Free Ship * Do NOT Miss Out!! * Low Price! * $6,775.00 |
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1854-S ICG MS60 $10 Gold * Free Shipping * Dandy of a Coin * Great Price * $6,650.00 |
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GOLD PREMIUM NEW YORK NUMBER212/347/718/for your new Businesses Great price SALE $6,555.66 |
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Real Diamond Promise Ring 3.82 Ct Princess Cut 18K White Gold!Great Price! $6,005.30 |
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Vintage14kt Solid Gold 5.10 ct Diamond Bangle bracelet 1.190 ounces Price drop! $5,845.00 |
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Diamond Solitaire Ring 1.50 Ct Cushion Cut 18K White Gold!Great price!VS2-SI1 $5,697.30 |
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Diamond Solitaire Ring 1.50 Ct Oval Cut 18K White Gold!Great price!E-F/VS2-SI1 $5,641.30 |
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18k Gold Natural Huge golden rare Pearl Diamond Ring whole sale price antique $5,500.00 |
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Mayors 18k White Gold Diamond Bracelet Presidential Style Retail Price $16,500 $5,499.00 |
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RARE AT THIS PRICE! WATERMAN LE MAN 100 SOLID 18K GOLD BALLPOINT PEN. $5,320.00 |
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Mens Canary Blue Diamond Cross Pendant 14K Gold Hoop Earrings Best Price Watches $4,787.00 |
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18K White Gold Tennis 8.50 cts Diamonds 42 Diamonds 7″ Wholesale price 16.6 gr $4,550.00 |
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8000 $ price sale 18k Gold Natural Emerald Diamond Ladies Earrings Pair handmade $4,500.00 |
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KRIA GIOIELLI RING GENUINE 18k GOLD DIAMOND OYNX MODERNIST 6.5 ORIG PRICE $15000 $4,499.99 |
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GOLD OLD PREMIUM NEW YORK # 7×8-x8×8x8x Great price SALE/Businesses OR personal $4,444.88 |
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WHOLESALE PRICE 1.02CT ROUND DIAMOND 14K YELLOW GOLD SOLITAIRE ENGAGEMENT RING!! $4,350.00 |
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18K W Gold Eternity 6.18 cts Diamonds F G Color VVS Clarity wholesale price $4,350.00 |
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Real Diamond Solitaire Engagement Ring 2.02 Ct Princess 18K Gold!Great Price! $4,304.30 |
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1.75 ct Cushion Cut Diamond Engagement Ring 18K Gold Great Price! $4,078.66 |
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0.37 ct tw Diamond Solitaire 18k Gold Hand Ring 0.37 ct VS1 Color H Best Price $3,848.90 |
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Kwiat Diamond Necklace 18K White Gold .98 CTS of Diamonds NEW $6500 (2011 price) $3,840.00 |
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Pair of gold painted carved wood mirrors -REDUCED PRICE $3,500.00 |
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Estate Gold VTG – 4.5 t.c.w Diamond 14K Mens Bracelet – * PRICE DROP * $3,499.00 |
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FREE OVERNIGHT $36/g 14k GOLD cuban link chain 102.4g 26″ inches lowest price $3,363.63 |
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TIFFANY’S NEW YORK SOLID GOLD LADIES’ WATCH.SO CLASSY AND CLASSIC.LOOK!NEW PRICE $3,299.00 |
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2 CT DIAMOND RIBBON NECKLACE IN 14K WHITE GOLD- FABULOUS LOOK, FABULOUS PRICE! $3,200.00 |
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REDUCED PRICE 1 CARAT DIAMOND SOLITAIRE ENGAGEMENT RING WHITE OR YELLOW GOLD $3,153.50 |
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1890CC GOLD $20 DOUBLE EAGLE LIBERTY COIN! CARSON CITY MINT! VERY LOW PRICE!!! $3,099.99 |
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GOLD PREMIUM NEW YORK NUMBER 212/347/718/for you new Businesses Great price Sale $2,999.99 |
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PRICE REDUCED! 1.44 Carat Women’s Diamond Ring Marquise Cut 14k White Gold $2,999.00 |
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2.00 ct Round Diamond Stud Earrings White Gold 14k I clarity G color best price $2,995.00 |
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HUGE MEXICO 1921 50 Pesos GOLD COIN First year of the series PRICE REDUCED !!!!! $2,988.00 |
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500 KURUSH 1277/11 OTTOMAN EMPIRE LARGE GOLD COIN certified MS-62 PRICE REDUCED $2,985.00 |
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Retail price 5150 Chopard Jewelry 18k White Diamond Yellow Gold womens earrings $2,899.95 |
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18CT GOLD DIAMOND RING MAUBOUSSIN NADJA BOMBE 63 DIAMONDS BARGAIN PRICE!! $2,679.29 |
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3.50 CT DIAMOND BRACELET IN 14K WHITE GOLD – LOTS OF BLING FOR A GREAT PRICE! $2,700.00 |
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LOWER PRICE: 1988 PROOF GOLD PANDA NEW ORLEANS NGC PF67 UC CHINA (1 oz) $2,688.00 |
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2007 Treasures of Australia Sapphire 1 oz Gold Proof Coin – Market Price $3500+! $2,563.65 |
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WHOLESALE 10,000 – SHINY GOLD TOY PIRATE TREASURE COINS DOUBLOONS LOWEST PRICE!! $2,499.95 |
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10k Yellow Gold Diamond Cut Cuban Link 30″ (Retail Price $3,400) $2,400.00 |
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1.70ct PRINCESS CUT DIAMOND ENGAGEMENT 14K GOLD RING: ONLY 1 LEFT at THIS PRICE! $2,395.00 |
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2016 Four Dram Gold Flake vials. Lowest price on ebay! $2,310.00 |
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Diamond Hoop Earrings 2.86CT 14K White Gold AT TRUE WHOLESALE PRICE $2,299.00 |
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18k gold 3 Diamond Ring! == PRICE REDUCED == Was $2,650.!! $2,250.00 |
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GORGEOUS 14K GOLD RING WITH BREATHTAKING BLUE JADE CABOCHON & DIAMONDS!NEW PRICE $2,222.00 |
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Mens 14k gold chain one tone yellow With Atocha Coin. Price reduced !!!! $2,200.00 |
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Price Reduced!! Beautiful 14K Gold And 3ct Diamond Tennis Bracelet Open To Offer $2,150.00 |
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LUCIEN PICCARD LADIES 14kt GOLD WATCH WITH DIAMONDS NWT! ORIGINAL PRICE $3,240 $2,106.00 |
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Medelco #4 Cone Permanent Coffee Filter $0.01 #4 Cone, 8-12 Cup, Golden, Basket Permanent Coffee Filter, Universally Designed To Fit Most Coffee Makers, Heat Treated Surgical Grade Stainless Steel Mesh Filter, Color Can Not Wear Off, Environmental Option To Disposable Paper Filters, Top Rack Dishwasher Safe, Unlike The More Expensive Alternatives, 5 Year Limited Warranty…. |
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Mr. Coffee GTF2-1 Basket-Style Gold Tone Permanent Filter $0.01 Never run out of coffee filters again. The Mr. Coffee permanent basket style filter is compatible with most 10 to 12 cup basket style coffeemakers. The gold tone screen filter cleans easily under running water and is dishwasher safe on the top rack. Includes handle for easy lifting…. |
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Looney Tunes: Golden Collection, Vol. 1 $41.94 What’s up, Doc? Well, how about a four-disc boxed set packed with 56 of the funniest cartoons in Warner Bros. history? Get ready to laugh yourself silly with salutes to Bugs Bunny (“Baseball Bugs,” “Long-Haired Hare,” “Wabbit Twouble,” “The Rabbit of Seville,” and more); Daffy Duck and Porky Pig (“Duck Amuck,” “Dough for the Do-Do,” “Scaredy Cat,” “Duck Dodgers in the 24 1/2th Century,” and more);… |
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Kidz Bop Dance Party $8.52 Will get kids up and moving to today’s biggest hits sung by kids for kids. Featuring 12 current dance tracks. Perfectfor parties, road trips, and dancing…. |
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Fisher Price Little People: Sing Along Favorites $4.85 Our #1 best-selling album! Sing along with the whole family and help your child discover the world of music with these timeless Sing-Along Favorites…. |
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The Great Mouse Detective [VHS] $4.65 Just because Walt Disney created contemporary and traditional classics of animation doesn’t mean the studio is out of ideas–not by a long shot. The Great Mouse Detective is richly animated and offers a clever tale. It may not be as easily recognized a title as Aladdin or The Little Mermaid, but all three share the same director, Ron Clements. Originally released theatrically in 1986, the mystery… |
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The Muppet Show – Monster Laughs with Vincent Price [VHS] $5.99 Mr. Price hosts a ghoulish Halloween variety show populated by felt hobgoblins and fuzzy monsters…. |
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Streets of Gold [VHS] $34.94 … |
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Sharpie Metallic Fine Point Permanent Markers, 2 Silver Markers (39108PP) $1.45 Perfect for marking dark surfaces and feature a quick drying ink that is permanent on most hard to mark surfacesFade and water resistantNontoxic ink Opaque metallic ink… |
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DEWALT DC500 2-Gallon 12-to-18-Volt Cordless/Corded Wet/Dry Vacuum $99.00 Offering convenient corded and cordless cleanup, the two-gallon DEWALT DC500 wet/dry vacuum sucks up big work shop messes and job site debris quickly and efficiently. A high-efficiency wet/dry filter handles particles as small as 0.3 microns and captures 99.7-percent of dust, letting you present finished products neatly and keep fine drywall dust and other health hazards out of the air. Wet/d… |
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Streamlight 65018 Stylus 6-1/4-Inch Penlight with Pocket Clip and White LED, Black $10.89 Compact and lightweight, the Streamlight Stylus is a portable penlight with a high-intensity LED that lasts up to 100,000 hours. It is designed for comfort and durability with a waterproof, machined aluminum case and a pocket clip for easy portability. Featuring momentary-blink and constant-on switches, the Stylus Penlight has different-colored LEDs available (each sold separately), so you can use… |
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The Price of Gold $1.99 … |
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Pete’s Dragon (High-Flying Edition) $9.84 This story of a winsome orphan and his guardian dragon features an Academy Award-nominated score and song, Helen Reddy’s “Candle on the Water.” The combination of a live-action story with an animated figure was innovative in 1977, and the green dragon with pink wings will still charm youngsters today. However, its plot has the boy running from a nasty family to whom he’s been sold into slavery, as… |
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Optimum Nutrition Opti-Men Multivitamins … |
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Optimum Nutrition 100% Whey Gold Standard $74.99 Optimum Nutrition 100% Whey Protein Cookies & CremeTo encourage a positive nitrogen balance consume approximately 1 gram of protein per pound of body weight per day from a combination of high protein foods and supplements. For even better results, consume your daily protein allotment over 4-6 small meals spread evenly trough the day.Example:180 lb x 1 g protein/lb body weight – 180 g/day 180 g ÷ … |
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CERAMIC 1 INCH FLAT IRON By CHI HAIR PRODUCTS Ceramic Flat Iron CERAMIC 1 INCH FLAT IRON By CHI HAIR PRODUCTS Ceramic Flat Iron… |
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Annie’s Homegrown Cheddar Bunnies Baked Crackers, 1-Ounce Snack Packs in 6-Count Boxes (Pack of 6) $22.14 Annie’S Homegrown 6X 6/1 Oz Organic Cheddar Snack Cracker Baked With Organic Cheddar Cheese And Organic Wheat Flour, Our New Organic Cheddar Bunnies Are Great Tasting And Wholesome. They Are Ideal For Toddler-Sized Hands, But Their Crispy Crunch And Real Cheesy Flavor Will Tempt Snackers Of All Ages To Eat Them .: (Note: This Product Description Is Informational Only. Always Check The Actual P… |
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Roundup 5100710 Weed & Grass Killer, 35.2-Ounce Super Concentrate $42.00 Consumer label. Broad spectrum, nonselective, systemic weed and grass killer. Translocates through the plant to kill roots and all to control perennial and annual grasses and broadleaf weeds and brush. Biodegradable…. |
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Van Ness CP66 Enclosed Sifting Cat Pan/Litter Box, Large $22.08 Throw out your scoop and save time with our Van Ness Sifting Enclosed Cat Pan.This smartly designed unit features two nesting pans and a sifting screen. Stack the pans with the sifting screen on top and fill with clumping litter. When you lift the sifting screen the litter sifts out into the pan, leaving clumps that you throw away. Replace the sifting screen in the empty pan, move the litter from … |
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