gold price per ounce

In the New Gold Rush, Equipment Suppliers May Strike It Rich

The uncertain economy, high unemployment, and near record high prices for gold are luring droves of dreamers to the gold fields. But while some prospectors may find their fortunes, the biggest beneficiaries of the new gold rush will probably be the suppliers who support the intrepid ore-hunters.

Gold Prices Reach New High Above $1,300 an Ounce

Gold continued its record-breaking climb, reaching a new high above $1,300 an ounce. Gold for December hit $1,300 an ounce on Globex, then slipped to $1,299.40 an ounce, a 0.2% increase from Thursday%u2019s closing price, according to MarketWatch.