Gold Prices Surge as Obama is Elected

obama elected gold prices rise

The price of gold has seen an instant boost following the reelection of President Barack Obama. Comex gold slumped last Friday to $1,675 but rose on Tuesday of this week to $1,724.30. The reason for last week’s price drop was linked to speculation that the labor market could improve in the coming weeks and months, […]

Forbes Report Suggests Now Is A Good Time To Buy Gold

good time to buy gold now

According to Forbes contributor Tom Aspray, there is definitely a bearish sentiment in the gold market this week. He also doesn’t feel that gold has completely corrected, yet he acknowledges that August, September, and October usually see gold at its highest demand. Aspray also indicates that over the long-term gold will probably gain in value. What he […]

Italians Cashing In Gold At Alarming Rates

Italy Cash For Gold Shop- Compro Oro

According to a recent AFP report, cash for gold shops throughout Italy have been receiving high volumes of business as Italian citizens seek creative ways to supplement their incomes. The most popular items going sold at market rate are gold medallions, gold jewelry, gold watches, and gold pieces. Interestingly enough, Italy has historically had the […]

Gold Coated iPhone 5’s Soon to Be Unveiled in Dubai

gold iPhone 5

It has been reported that luxury good trendsetters and gold collectors alike will soon set off to Dubai to purchase their very own 24-carat gold iPhone 5s coated in yellow and rose gold. The product release has been strategically implemented just 72 hours after the iPhone became available to the general public. This comes at […]

Gold Prices Break $1,700 on Bond Rumors and Initial Jobs Report

gold prices on surge

According to Reuters, spot gold prices for bullion held above $1,700 after it was announced that U.S. private sector jobs increased in August. The report reveals August saw the largest amount of jobs gained since March of this year. This also indicates that the Federal Reserve may decide not to embark on a third round […]

Gold Jumps to Five Month High Due to Fed Speculation

cash for gold prices

Bloomberg recently announced that speculators are currently increasing their bets on increased gold prices, which has sent gold prices to a five month high to $1,687. The reason for the surge in value has much to do with the speculation that the Federal Reserve will expand its record stimulus. If this is to occur, the […]

The Mystery of the Gold Treasure Hunter Gone Missing

adventurer locates treasure

It has been reported that Tommy G. Thompson, an adventurer who located a sunken treasure off of the Carolina coast in 1988, has gone into hiding. According to his crew and key investors, Thompson didn’t provide them payoff for their involvement after he garnered cash for gold. Thompson discovered the “Ship of Gold”, a 280-foot ship that […]

US Women’s Soccer Wins Gold Medal

US women's soccer wins gold

Gold buyers and sellers within the United States are celebrating as the US Women’s Soccer team took gold in the 2012 Olympics. The action-packed finale against Japan ended in a 2-1 victory at Wembley Stadium. This provided the US an opportunity to avenge their loss to Japan in the 2011 World Cup. The US Women’s […]

How the 2012 Gold Olympic Medals Were Made

London 2012 Olympic gold medal

Are you curious as to how the 2012 Olympic Gold Medals are produced and where they come from? All gold medals are made on the edge of the South Wales Valley by the Royal Mint. According to the Royal Mint, each medal takes about 10 hours to be developed. They are then stored within a […]

Gold Production Ramps up as Price Expected to Increase

gold buyers

It has been reported that gold producers around the globe are ramping up gold production as economists are expecting a bull run for gold between now and Q1 of 2013. According to Jeffery Nichols of American Precious Metals Advisers, once the Fed takes reflationary monetary actions in the near future, it is possible that gold may […]

Latest Cash For Gold News

obama elected gold prices rise

Gold Prices Surge as Obama is Elected

The price of gold has seen an instant boost following the reelection of President Barack Obama. Comex gold slumped last Friday to $1,675 but rose on Tuesday of this week to $1,724.30. The reason for last week’s price drop was linked to speculation that the labor market could improve in the coming weeks and months, […]

good time to buy gold now

Forbes Report Suggests Now Is A Good Time To Buy Gold

According to Forbes contributor Tom Aspray, there is definitely a bearish sentiment in the gold market this week. He also doesn’t feel that gold has completely corrected, yet he acknowledges that August, September, and October usually see gold at its highest demand. Aspray also indicates that over the long-term gold will probably gain in value. What he […]

Italy Cash For Gold Shop- Compro Oro

Italians Cashing In Gold At Alarming Rates

According to a recent AFP report, cash for gold shops throughout Italy have been receiving high volumes of business as Italian citizens seek creative ways to supplement their incomes. The most popular items going sold at market rate are gold medallions, gold jewelry, gold watches, and gold pieces. Interestingly enough, Italy has historically had the […]