Gold News

According to the GFMS 2017 Gold Survey published by ThomsonReuters, the average price of gold should stay around $1,259 an ounce. However, the unstableness in price will continue as the year goes on. It also believed that the production of gold would go down slightly even though the price has gone up this year, ThomsonReuters … Continue reading Gold Looking To Plummet After Starting Year High

Gold has been on fire for the past two weeks. However, investors have been on high alert as Congress is keeping the dollar low for the last seven weeks. Doing so has made bullion cheaper for those who buy it with different forms of legal tender. Gold has gone up 1.4.% since last week and … Continue reading Gold Is On Fire For Two Weeks In a Row

Deep in the big blue, there are many hidden shipwrecks with billions in British gold. It is believed most of the shipwrecks dating back from the 1st and 2nd World Wars hold many undiscovered treasures. A hard working team of investigators reports more than 700 of the 7,500 shipwrecks under the sea were possibly carrying large … Continue reading Underwater Treasure Hunt Set To Find British Gold

Prices on Gold remain the same Tuesday, which was expected since there was a hike in interest rates that sent the dollar sky high. As the dollar index continues to grow, it makes gold a bit more expensive for those not in the U.S. to invest in the precious metal. Since the Federal Reserve increased … Continue reading Federal Reserve Associates Speaking On Gold Today

A couple of friends have found jewelry that might be Britain’s oldest Iron Age gold. After getting back into metal detecting, Mark Hambleton found the jewelry with his friend Joe Kania on the Staffordshire Moorlands farmland. The two found a bracelet and three necklaces that are around 2,500 years old. Ian Smith confirmed their fortune … Continue reading Discovery Of Britain’s Oldest Iron Age Gold

Despite the solid interest for gold and silver around the world, purchasing activity in the U.S. market for physical bullion has fallen since the election of Donald Trump. However, U.S retail sales are increasing. There are many reasons to buy gold and silver during this time. The bullion market is entering another stage. President Obama’s … Continue reading Reasons To Buy Gold While Trump Is President

On Monday, silver prices barely changed due to fewer people trading while investors had their attention on an overwhelming amount of economic data. March futures for silver were at $17.94 per troy ounce, practically the same as the previous close. Overnight, prices were fluctuating within a small range of $17.89 and $18.02. The precious metal is … Continue reading Silver Prices Steady Below $18

An unbelievable haul of solid gold and silver coins and bars was recently found in a suitcase behind a couch. A senior woman had inherited a house and the contents from a relative. She had an auctioneer come to help clear the house out. His jaw dropped when he discovered what was inside. Jonathan Humbert, … Continue reading Suitcase Of Gold & Silver Found Behind Couch

Ever since the rally in the dollar and global stocks following Donald Trump’s victory, gold prices have been under pressure. However, a UBS report says that investors are losing the optimism that came not long after the U.S. elections. This is reflected in the recovery of gold’s price. UBS says that there is room for … Continue reading Why Gold Prices Might Be Set For A Rebound

The shimmer of gold is not the only reason the precious metal is so captivating. For decades scientists have questioned why theoretical predictions of the properties of gold don’t match up with the experiments performed. However, highly detailed calculations have now removed the discrepancy. The energy needed to remove an electron from a gold atom, … Continue reading Chemists Strike Gold