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  • 2011 Price of Gold Rises to Record Level

    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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  • Gold a Safe Bet in an Unstable Stock Market

    Los Angeles, CA – Wednesday marked the part one approval of a two part austerity plan to bail out Greece from its debt woes. While the decision was met with skepticism, the US stock market reacted positively adding more momentum to yesterday’s closing numbers. Despite the stock market improvement, the optimism may be short lived.

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  • Personal Finance 2011 – Is Gold a Good Investment?

    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

    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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