
gold investing
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This Week in Gold: Royal Mint, Fed Basics, Stock Market Woes
- September 26, 2014
- Posted by: Orkan Ozkan
- Category: This Week in Gold
No CommentsThis week in gold, the UK’s Royal Mint opened its doors to members of the public looking to own gold, we answered basic questions regarding the U.S. Federal Reserve, and the stock market experienced a tumble that concerned some experts. As market watchers anticipate the end of the third quarter and some gold-heavy holidays coming up in
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UK’s Royal Mint Encouraging Public to Become Gold Investors
- September 23, 2014
- Posted by: Orkan Ozkan
- Category: News
The Royal Mint, the official government mint of the United Kingdom, has launched a new website selling gold and silver bullion coins in aim to make it easier for members of the public to invest in gold. The website, royalmintbullion.com, is meant to offer “relatively affordable” precious metals struck by the Royal Mint to everyday investors. Prices are
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Gold Jumps to 11-Week High
- August 23, 2013
- Posted by: Orkan Ozkan
- Category: News
Gold jumped to a 11-week high, topping $1,400 an ounce in spot trading, as sales of new U.S. homes fell more than forecast, boosting speculation that the Federal Reserve will maintain economic stimulus. Sales of newly built homes in July plunged more than 13 percent, the most in more than three years, government data showed today.
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Gold Climbs to Four-Month High on Bullish FOMC News
- August 23, 2012
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – Comex gold futures are trading significantly higher this week on news from the Federal Reserve’s FOMC minutes released on Wednesday. The yellow metal reached a fresh four-month high after the Fed’s notes were construed by investors as a sign that monetary stimulus by the central bank is imminent. Spot Gold rose
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Gold Rallies Above $1600 on EU News, Weaker USD
- July 25, 2012
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – August Gold futures rose to a two week high Wednesday on a strengthening Euro and weakening U.S. Dollar. Gold rose $23.50 or 1.5% to $1601.60 per ounce after a European Central Bank council member said there are arguments for getting a banking license for the ESM (European Stability Mechanism). Silver futures
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Gold Surges on U.S. Debt Deadline, Credit Downgrade Talks
- July 27, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – With U.S. politicians at a stalemate over the 14.3 trillion dollar deficit just days before the debt default deadline, economists and financial analysts alike are predicting a downgrade of the United States’ credit rating. President Obama made comment that U.S. lawmakers’ indecision to raise the debt ceiling is a “dangerous game”
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2011 Price of Gold Rises to Record Level
- July 19, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – The spot price of gold reached a record high this week, closing at $1607.90 an ounce on Monday. Up 13% from the beginning of the year, gold is headed for its 11th straight annual gain – nearly doubling in price since the global economic recession in 2008. This rise in value
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Personal Finance 2011 – Is Gold a Good Investment?
- June 22, 2011
- Posted by: Orkan Ozkan
- Category: News
Los Angeles, CA – As the market closes on the first day of summer, the value of gold closed well over $1500 – a sign of the times that Americans desire for the shiny precious metal has increasingly risen since the end of the past decade. But along with this frenzy toward investing in gold
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Gold Price Predictions
- June 6, 2011
- Posted by: Orkan Ozkan
- Category: News
Gold prices are primarily affected by global supply and demand. Since 2011 began, supply has been declining while demand has been on the rise. The result has been a steady upward trend in the market price for gold with only a few short-term price dips. Today, the price of gold has been hovering around $1,542.40/ounce.
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