Gold prices closed at XX$/oz yesterday. Since late 2012 gold prices have been on a slow decline although they have recovered some since last year.Despite the recovery prices are nowhere near $2000/0z that some expert predicted at the peak of the gold bull market. In the past gold has had brutal price plunges during bear markets. …
Gold prices closed at $1,280.20 per ounce for August 2017 delivery in New York on Friday. Gold is currently in a bull market that started last year. In the past 5 years though gold has lost 21% according to Kitco. Since 2000, gold has returned over 344% based on prices in US dollars. 5-Year Gold …
Continue reading ‘The Current Bull Market in Gold Could Continue: Incrementum’ »
The below is an interesting video on the drivers of gold prices by Frank Holmes, CEO at U.S. Global Investors: Source: (VIDEO) What Drives the Price of Gold?, Frank Talk, U.S. Global Investors Also see: A Historical Gold Prices Chart, Events and Results On The Gold and Silver Price Super-Cycles Chart: Gold Prices Since 1920 …
The chart below shows the price of gold since the end of the gold standard: Click to enlarge The recent significant events affecting gold prices and the result are displyed in the following table: Source: A short history of investing in gold – and what to expect for 2017 by David Brett, Schroders The above linked …
Continue reading ‘A Historical Gold Prices Chart, Events and Results’ »
Gold prices closed at $1,357.70 on Friday, August 5th. After the Global Financial Crisis of 2008-09 prices peaked at about $1,800 an ounce and there were forecasts for prices to cross $2,000. But gold has declined substantially since that peak to close under $1,400 now. As a commodity similar to oil, the price of gold …