
Silver
-
Asian Demand Supporting Gold Prices
- January 24, 2011
- Posted by: Orkan Ozkan
- Category: Gold, Government, News, Silver
No CommentsLos Angeles – Following the recent monetary tightening in China, India, and Brazil, the price of gold has been under pressure, closing slightly lower on Friday at $1,342.30 an ounce, down 1.24 percent for the week. Silver prices closed at $27.44 an ounce, down 3.31 percent for the week. The Gold/Silver ratio (GSR), the number
-
Schultz Says Gold Price Could Hit $2,400
- January 17, 2011
- Posted by: Orkan Ozkan
- Category: Gold, News, Silver
Los Angeles – China tightened bank reserves for the fourth time in two months before Friday’s market opening causing the price of gold to slide 1.0 percent to $1,359.20 an ounce as silver prices also slipped 1.0 percent to $28.38 an ounce. The Gold/Silver ratio (GSR), the number of ounces of Silver needed to purchase
-
Gold And Silver Prices Soaring
- September 27, 2010
- Posted by: Orkan Ozkan
- Category: Gold, News, Silver
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
-
China May Be Quietly Building Its Gold Reserves
- August 30, 2010
- Posted by: Orkan Ozkan
- Category: Gold, News, Silver
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
-
Hedge Funds Buy Gold
- July 30, 2009
- Posted by: Orkan Ozkan
- Category: Buy Gold, Coins, News, Precious Metal, Silver
New York, July 30, 2009 — Global Hedge Funds are buying physical gold. In fact, twenty out of 22 hedge fund managers interviewed by Moonraker Fund Management in the United States are buying gold to protect their personal wealth against excessive inflation. Jeremy Charlesworth, Chief Investment Officer of Moonraker and manager of the Moonraker Commodities
Contact American Bullion with any questions about your Gold IRA and investment strategies. Our agents are ready to help get your started!