Has the Gold Rush Come to An End?
Gold, often touted as the most trustworthy of investments, has looked wild over the past month, plunging $200 in April. Where is it headed next?
Gold, often touted as the most trustworthy of investments, has looked wild over the past month, plunging $200 in April. Where is it headed next?
Since gold topped out near $1,900 an ounce two years ago, prices have fallen by about $300. If you think that makes it a bargain, here are five ways to invest in gold now.
Gold has long been viewed as a safe play for troubled times, but it's looking somewhat tarnished as an investment lately, as are most metals. But one incredibly useful element has the potential to buck that trend: titanium.
More people have been selling their gold jewelry in the past year, many to cover expenses, others to just to take advantage of record high prices. Prices have dipped a bit from their recent highs, but expect more people to sell in the months ahead, and expect the prices to rise again.
On the one hand, the volatile stock market has some investors looking for "safety." On the other, stock market losses have led some to desperately seek fat returns elsewhere. Either way, you could wind up in trouble, because scam artists are ready to prey on the desires of both.
The odds that the U.S. will default on its debt increase each day, and even if a short-term deal is reached, the ratings agencies may downgrade U.S. debt anyway. If that happens, turmoil could roil the markets. So where can the smart money flee for safety? 24/7 Wall St. offers 10 safe options.
Earlier this year, the Utah state legislature passed a law making gold and silver coins legal tender. Now, a Salt Lake City-area numismatist hopes to set up a depository system that will allow Utahans to use gold and silver to pay for anything they want.
With gold prices recently hitting the $1,500 mark, consumers and businesses are looking for an opportunity to score. "We see everything from rings, teeth, jewelry, pins and lighters," one gold buyer said. "Everyone has a little gold somewhere." Should you join in? Check out these five tips.
Gold has had a magnificent run during the past 10 years, doubling in value since 2008 alone, and gold mania is seemingly still at full strength. But is profit taking the next move? What if you are among the majority of investors who have yet to dip a toe into the water? Is it safe to dive in?
Silver prices touched a 30-year high Monday as investors sought the safety of precious metals. Inflation concerns are running high after Fed Chairman Ben Bernanke said the central bank is considering a third round of qualitative easing.
The Equity Precious Metals category of ETFs has attracted substantial investment inflow over the last year. That has fueled the creation of new funds, including one that gives investors access four precious metals in one trade.
Gold futures surpassed a record price of $1,380 an ounce Thursday on investor fears that the Federal Government's new $600 billion stimulus package may spur inflation and devalue the U.S. dollar.
Gold prices jumped in early Tuesday trading in advance of a Federal Reserve meeting and U.S. elections before leveling off and finishing the day slightly higher than Monday's levels.
Gold prices struck another record closing price today, settling at $1,370.50 an ounce on the Comex, as investors continued to look for safe investments in the wake of currency volatility. Gold reached its 16th record high in five weeks.
Gold prices reached a record high today as the Bank of Japan cut interest rates and many countries indicated that they may boost currency liquidity, Reuters reported.










