Factors That Determine Gold Coin Prices

The price of gold is dependent on its fineness and its grading. The purer the gold's concentration is in a given coin, the finer it will be. The standard concentration of a normal coin is at.9167 and a $50 coin with this type of fineness can have a starting price of $1200. Canada releases some series in recent years which had.9999 gold concentration. These are the usual 22 karat gold coins. There is no such thing as a 100% gold coin. The plausibility of which is very low. No technology is known to produce pure-gold-coins because of the high likelihood that the material turning into liquid once melted and shaped into a coin.Article Source: http://EzineArticles.com/5893764

Price of Gold - The Glenn Beck Factor

Most industry experts would tell you that Beck has absolutely no effect on the price of gold, but I will have to disagree. Glenn Beck is the proverbial butterfly flapping his wings. Day after day, Beck tells his viewers that the sky is falling. Right or wrong, he certainly has an impact on the balance of supply and demand, and in turn affects the price of gold.

Beck's prophecies about mutually assured economic destruction, riots in the streets, and food shortages certainly provoke an emotional response among his millions of television viewers and radio listeners. Viewers continue to spread the gospel of Beck by reciting his doomsday prophecy within their own communities. Next thing you know, the demand for gold is driven artificially high by fear based buying.Article Source: http://EzineArticles.com/6083371

Gold Price Prediction

First and foremost if you wish to reasonably accurately go in for gold price prediction then you should have a close look at the movement of gold prices over the past three to five years. Going by this record it is quite normal for us to understand that of all the precious metals and commodities that are aggressively traded, the price of gold is something that has grown up on an average of 20% each year. These is amazing and even the best of stocks and shares cannot match this performance. Further it is also fact that the price of gold is also dependent on the global and local economic scenario around the world. Here it would not be wrong to point out that the current problems that are being faced by the Euro Zone countries could push up the demand for this yellow metal as countries scurry for cover for hedging against economic and financial uncertainties.

Further when you talk about the gold price prediction retail and small investor consumption pattern is also very important. Here it would be pertinent to point out that the demand for gold in the emerging economies like China, India, Brazil and other such countries is quite robust to say the least and this could play a big role in pushing up the prices of gold over the next few months. It would not be wrong to point out that the price may even scale $2,250 per ounce within the next five to six months.Article Source: http://EzineArticles.com/6832721