Gold Price Knowledge Base
Gold price? what is the current price of gold in Indonesia
gold price? why the gold price up when the Dollars go down in international market?
How much can i sell my 1gram of Pure 999.9 gold base on today currently market price? also much of the 1gram pure gold make 1oz and what is the price to sell 1oz 999.9 gold because i have a lot of those 1 gram gold that was left from my great grandparents and my grandprarent. so im not sure if today price is good enought to sell it or that i should keep it for a longer preiod, but then im afraid gold price might drop next year. so what u recommend?
How can the price of gold drop significantly? I have seen gold prices go up and down in recent years, anywhere from $600 to $1000, but it always seems to remain in that monetary ballpark. What would it take to make gold prices go way down, say to less than $400, short of some major gold mining discovery?
Why is the gold price going down? Everything is going up these days. Even though the oil price has come down a li'l bit, it has been hiking like whatchamacallit a while ago, and I think it can resume its upward pace any time soon. Economy is down. Inflation is high. So I guess people are prone to hoard up some gold in this situation. But the gold price is going down, why? Maybe it has come up too much for the last several years?
Why the gold price is dropping now ? I wondering what is the reason behind the gold price drop ? Whether i can purchase some gold as savings now or wait for some more drop in price ?
When the gold price goes down, is that good? So I am a beginner at this but in light of recent events i am trying to learn. So say the gold stock is now at 34.59 and it drops -.17 then is that good or bad. From what I understand the lower the gold price the better the economy. So say the gold is 34.59 and it goes up +.75 then would that be bad?
Traders: Is the price of gold being manipulated by the Feds? I believe it is. But now that we have a new Chairman of the Federal Reseerve Board, the practice of using (illegal) Gold Swaps with foreign countries is going to stop and gold prices will fall in line with historical action. Coupled with rising inflation and US interest rates, the nominal price of gold will rise to over $2000 an ounce. Assuming all of the above is true and the spot price of gold will reach its peak in May of 2008, what is the best way to make as much money as possible with the least risk?
Why is the gold price falling? The stock market has fallen quite a lot again today. Can anyone explain to me why the gold price is also falling sharply? Usually when the stocks fall, the gold price rises.
What will the gold price be soon? Gold price just hit $1100, the first time and the highest in history. Will it go higher? Or will it stay? If it'll go down, when will it happen?
How does the price of gold affect the price of a gold mining companys stock? Lets say that for one day a gold mining company's' stock was not allowed to be traded (so supply and demand of the stock had no play) and at the same time gold went up $300 an ounce. Without anyone having traded the stock... would the price of the stock automatically go up? (because the price of gold is directly related to the profits of the company)
How does the Rand/dollar exchange rate affect the price of gold? I'm very new to investing but I'd like to start and was looking at buying krugerrands. At the moment though the price of gold is sky-high and may rise or fall... I was just wondering if this has anything to do with the rand/ dollar exchange rate as gold is bought in dollars. And since the 2010 world cup soccer is held in South Africa next year, I'm guessing the rand will become stronger. (Am I wrong?) Should I invest now, or should I rather wait until the rand is stronger?
Is it true that OPEC pegs the price of oil to gold because the USA broke the Bretton Woods accord? In other words, they base the price of oil on gold because we refuse to base our dollars on gold? When dollars fall, gold goes up and oils follows suit. The Oil shortage of 1973 was the result of the USA inflating it's dollar, which was backed by oil instead of gold. If the USA continues to fund it's budget with printing paper money not backed by gold, we will price ourselves right out of gasoline?
Wasn't it particularly silly of the Labour government to sell our Gold reserves for a lousy price? Gordon Brown and the Labour party used to accuse the Conservative Government of 'selling the family silver' when privatisation measures were introduced. They then enthusiastically started privatisations themselves and rather ironically sold a large part of British gold reserves for rock bottom prices. Now that gold prices are so much higher - don't they look a bit stupid and shortsighted?
Website for Singapore retailer gold price? I'm looking for a website (singapore) which provides up-to-date retailer gold price. previously there was Singapore jewellers association which provide such but no longer doing so.
Will the price of gold continue to go up? I was wondering if anyone could make an educated prediction on weather or not the price of gold will continue to go up? If so can someone please state why and please only respond with serious answers. Remember that the best answer is worth 10 points. Thanks to everyone in advance for serious replies.
When do you think the price of gold will fall? I want to open my own small jewelry business, but the price of gold is at $950.00/ounce, which is very expensive. It was about $250 in 1998 - 1999, when the economy was doing well, so when do you think the price of gold will settle and to how much? I know no one knows for sure, but what are your predictions and why? Thanks.
How will new government rescue plan impact the gold price? if the congress approve the bill, which means it will directly inject 700 billion dollars into financial insitutions. will 700 billion dollars intensify inflation? seems when the plan announce, the dollar drops, isn't it the sight that the plan will significantly damage the value of dollar? what do u think?
what's the relationship of the price of gold to the us dollar? i've been reading about all this subprime mortgage meltdown crisis. i keep hearing that the country's heading for a recession & that the fed will intervene & ultimately cut rates. i understand that part. but then i hear gold is a good place to park your money if that happens cuz during deflationary times when the us dollar weakens, price of gold goes up. i'm curious to know why that inverse relationship exists. that relationship doesn't seem to exist (at least it's not mentioned) with any other currency. thx.
How does the price of gold change? Is gold traded on the stock market? Or does the price change simply by supply and demand (how is the supply and demand determined when there are so many companies that own and sell gold)?
Where to find good quality gold with reasonable price in Jeddah? I've heard Saudi Arabia have high quality gold jewelry. I want to buy gold jewelry for gift. Where is gold souk in Jeddah that have high quality gold with cheap or reasonable price? How much the market price for 24 karat gold in Jeddah nowadays? Shukran... I stay at a compound on Madinah Road. But my office is near Al-Mahmal building in Al-Balad. It's highly appreciated if you can name a shop or gold souk close to Al-Mahmal.
What determines the price of gold? What factors determine the price of gold. Will gold every go higher or will it start to sink? Thanks in advance for all those who answer with serious replies.
How much is the price of gold today 7/12/2008 closing on 7/11/2008? I am looking to see gold as scrap, gold in new pieces,and silver as scrap and new pieces.I am going to different jewelers that buy gold to see what the best price is,I just want to know what I am up against and the real prices versus what they will pay.Any feedback to help me not get ripped off or sold for alot less than I should. Thanks
Will the price of gold continue to increase? 1970, Nixon shut down the Bretton Woods System, making gold soar dramically from less than $40 to more than $600 per ounce in less than 1 year. As of now, gold can be purchased from $700-$800 per ounce. I know things change and prices are always increasing, but never at such an extrememly high rate as what I just stated above. In comparison to silver, it can be purchased at around $13-14 per ounce.
What is the price per ounce or gram of White gold? I am doing a project in chemistry and have looked everywhere but cannot seem to find the price of white gold. I do not want the price of jewelry with white gold in it. I would just like to know the price of white gold per ounce or gram. Thanks in advance!
Gold price III, the real price of Gold? Darth (et al). It struck me in our recent debate about the Gold price that we may have both lost sight of one factor. You quite rightly pointed out that the dollar has slipped so the current record highs need to be offset however what about the US policy of fixing the gold price in the 1930's? Also if we consider the low price in 1900 against the buying power of the dollar in 1900 (what was a dollar worth, equivalent in today's terms) is there a way to calculate the "real" value of gold? Using these calculations has gold increased dramatically since 1900 or is it stable? The current price of around $918 would have been considered a fortune in 1900.... Can Darth or anyone with a good calculator help...?
High GOLD price, is it worth it to invest in to protect Against USD inflation? Is gold price too high to invest in now?? Question Details:Hi, I am really worry about the inflation of USD. So I am thinking of turning the USD i have into gold coins. I am not sure if this is a good idea. Its more for safety than profit. But with gold being at $930/oz, I dont know if I will lose money if it go down again? But then, I might also lose money if the USD get inflated. So I am not sure which I should do. Invest in gold? or not? Thanks
Gold price and Online business? Nowadays in India there is a considerable decrease in Gold rate and the merchants are very depressed that the price reduction is only due to Implication of Online business. My question is what is the relation between Gold Price and Online business?? Thanks buddy.. But I think I got a answer frm different source. Online Gold business tends to book gold for one date and make the merchant to deliver the gold to customers on the forthcoming dates.. The advantage s 4 Online merchants and the potential buyer of this gold always go for easy online purchase which increases demand for gold faster-and-faster and the gold prices go up due to lack of supply. Thanks 4 ur answer.
Gold price in India? I need to have some 22 ct gold jewellery made in india. Is it better to take my own gold or purchase it when in India? I was told gold is a little expensive and not always sold at world spot price.
what is the gold price in U.S for 1 gram 24k gold? i am from india and hjave decided to buy gold for my bro.s marriage please suggest me wether it is good to buy in u.s or india (considering quality and PRICE)? if u have suggetions about other country gold rates please do give me. thank you so much!!!! :)
Why gold price is not moving ???????? Last 6 months , gold price is not fluctuating ...price is steady around 660...hold... .just moving between 20 dollars....for long time......why.???..what do you think..... 600 down or 700 up????????
Gold price in US? What is the current price of gold per gram in the USA? Thank you all!
is there any reason for sudden fall of gold price..? gold price has fallen sharply overnight, what is the logic/ possible reason behind this fall? if your answer is more buyers then sellers then what is the reason for this demand all of a suuden and also keep in mind that copper prices are also falling
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