
Blog
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Analyst Predicts $1,500 Gold by Year’s End
- October 25, 2010
- Posted by: Orkan Ozkan
- Category: News
No CommentsLos Angeles – Following three days of volatility after China’s surprising interest rate increase on Tuesday, gold bullion prices moved to $1,328.50 an ounce on Friday while silver improved to $23.30 an ounce. The price of gold reached an all-time record high of $1,387 an ounce on the 14th of October and has gained 21
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Goldman Sachs Forecasts $1,650 Gold Price
- October 18, 2010
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – Gold bullion prices ended higher for an 11th straight week after closing Friday at $1,369 an ounce and gaining 1.7 percent for the week. Silver closed at $24.34 an ounce after gaining 4.9 percent for the week and 38 percent for the year. With the price of gold moving almost vertical, investors
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Gold Could Move Above $2,200
- October 11, 2010
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The price of gold rose one percent to $1,345.80 an ounce on Friday for a gain of 2.1 percent for the week. Fueled by concerns over the safety of paper currencies and the outlook for major global economies, gold prices have rallied more than 20 percent this year. The price of silver
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Gold Could Hit $1,500 By Year-end
- October 4, 2010
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The price of Gold rose to $1,315.80 an ounce, a 1.6 percent weekly gain, on Friday as silver prices rose to $22.05 an ounce, nearly 3 percent up on the week, after hitting a 30 year high at $22.15 an ounce. The week began with a record high for the price of
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Gold And Silver Prices Soaring
- September 27, 2010
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – Gold bullion prices rose to $1,299.95 an ounce on Friday as silver hit a three decade high of $21.40 an ounce. December silver is up 10.1 percent for the month and closed the week with a 2.8 percent rise, settling at $21.399. Gold, meanwhile, is up 3.8 percent this month and gained
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Gold Price Could Soon Reach $1,300
- September 20, 2010
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – Gold bullion prices gained again on Friday reaching a record high for the third time in a week that propelled gold to its largest weekly gain since May and finishing the week at $1,274 an ounce. The price of silver hitched a ride with gold and broke the $21 an ounce mark
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Economist Predicts $2,000 Gold Price
- September 13, 2010
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The price of gold ended with a loss of 0.3% for the day on Friday, down just 0.4% for the week. Silver ended Friday with a loss of 0.2% at $19.91, down just 0.2% for the week. Analysts reported that any pullbacks in gold bullion prices would likely be temporary with gold
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All Signs Point to Higher Gold Price
- September 6, 2010
- Posted by: Orkan Ozkan
- Category: News
The price of gold closed at $1,247 on Friday, ending the week higher by 1 percent. Silver rallied to $19.91 on Friday, a 2 1/2 year high, closing higher by 1.7 percent for the day and gaining 4.25 percent for the week. The ratio of gold to silver – the number of ounces of silver
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China May Be Quietly Building Its Gold Reserves
- August 30, 2010
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The gold price began the week at $1,226 and finished the week at $1,238 an ounce for its first four-week gain since June. Gold bullion prices are up 4.8 percent for the month of August and 13 percent for the year. Silver began the week at $17.93 and finished the week above
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Physical Gold Demand Increased In August
- August 23, 2010
- Posted by: Orkan Ozkan
- Category: News
Los Angeles – The price of gold gained one per cent for the week, Gold's first three week rally since June, while the price of silver dropped below $18.00. The Fed’s practice of keeping interest rates near zero gave gold bullion prices a boost this week. Thomas Hoenig, the president of the Kansas City Federal

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