Gold Price Trends - When Is The Best Time To Sell Gold

The current market value for the gold

This is also a huge determining factor, as to what it is trading at, in the various markets, and the different world wide stock exchange systems. If selling in the US, it will vary with those who are making the sale with foreign buyers in the UK, or other regions in the world, as to what they will be willing to pay.

Cost it was purchased at by the seller.

Depending on what they originally paid for it, or what the market value was when the pieces were purchased, may have an impact on the sales price it will go for. Not always, but as many factors do affect the pricing, and what one can expect to earn on a sale, this might also be something which is taken in to account.

What buyers are willing to pay for it.

In certain cases, if it is a rare piece, a special collector item, or something that is extremely unique, certain buyers will be willing to pay more than the actual value. Therefore, considering this, and seeking out several buyers, rather than just one, will ensure that sellers receive top dollar for what they are selling.

The amount being sold

This will also vary, depending on how many karats it is, what the quality and condition are, and the actual weight which is being sold, when it is up for sale. These factors will help in determining the price, and having it valued prior to deciding to place the pieces for sale, will help sellers realise what they might be able to get for it.

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Federal Reserve Announcements and the Gold Price

At first, the released Fed employment stats seem to contradict the Goldman Sachs predictions. But many analysts say things have to evolve. The positive data published do show a somewhat surprising recovery rate of the American economy, but this process is still slow. The global circumstances to which the Feds already answered with two rounds of quantitative easing are still in action in 2012. Analysts still expect the Federal Reserve to work at improving its balance sheet and at increasing liquidity and money supply, so a third round of quantitative easing (or a similar set of measures) is a reasonable expectation.

When making this positive announcement, the Fed also reiterated their intention of keeping interest rates extremely low until 2014. But the third round of easing was not mentioned for now, and gold sold off in result. After the $40/ oz. fall on March 14 (somewhat reminding of the $110/ oz. fall occurring abruptly in February in one day), gold price started recovering this week. It gained 1% on Monday and 4% on Tuesday, as compared to the week before. Monday saw gold at $1679/ oz. and Tuesday saw it at almost $1700/ oz.Article Source: http://EzineArticles.com/6969909

Gold Bullion Investment and the Gold Price

he success of gold bullion investment relies heavily on the world's major central banks and the International Monetary Fund, as they play a important role in the price of gold. In 2004central banks and other official organisations held 19% of all above-ground gold as official reserves, and they are restricted to how much gold they can sell by the Washington Agreement on Gold (WAG). The member states of WAG include the US, Europe, Japan, Australia, the Bank for International Settlements and the International Monetary Fund. They are forbidden to sell more than 400 tonnes of gold each year, which limits the amount of gold available to independent investors.

China and Russia, which are not members of WAG have shown an interest in growing their gold reserves, which has added another competitor onto the gold bullion investment market.

What actually influences the price of gold on the market can be separated into three major factors; failure of the banks, low or negative real interest rates and social/political crisis.

o When banks fail in the public's eyes there can be nation-wide bank runs, in which citizens are quick to remove all of their savings from the bank. When citizens take gold from the banks, this can lead to the price of gold increasing as people are worried that the value of paper money is worthless.Article Source: http://EzineArticles.com/3074630