2012年7月31日 星期二
K-line, four hours of the gold market analysis
The market analysts said, leading to the day of the gold market trading was light as investors maintain a cautious optimism the central bank meeting to be held this week, the price of gold within a narrow range.
The Fed and the ECB are scheduled to convene a meeting this week, investors of these two central banks is expected to increasingly warming to take action. Analysts believe that, not satisfied with the U.S. economic outlook, may announce new initiatives, while the ECB is likely to launch a series of programs aimed at addressing the euro area sovereign debt crisis continued.
The day
Spot gold chart
Technical point of view, the price of gold was steady in 1607 above the 5-day moving average 1620 and 100-day moving average, the daily overbought. The current line of 4 hours MACD below the 0 axis side run, the short-term moving average group and the group of long-term average upward divergence. RSI indicator 63, a random index in the 76, gold in Bryn rail rail near the operation. During the day in 1620, the long and short watershed, above the resistance at 1624,1626 and 1630, below the support in 1616,1613 and 1609. Analysts believe that the price of gold was steady at the current success of 1600 the top of the integer points and has been tested around 38.2% bounce-bit 1627 of the 1790-1527 decline, do not rule continue to test before 6 June 1641 near. Below the support area in the 1579-1598 interval, the short term, gold will range bound according to the news of factors, investors should note that the United States refers to the trend and keep the wet storage operation. Analyst proposal could be considered short in 1625 near the wet storage, the target in 1615 near further to be seen near to 1613, or to find a range of operating opportunities between 1630-1610, the short-term long and short can be a volatile trading, stop loss of 5 to $ 10
2012年7月30日 星期一
the gold the breakthrough triangle resistance
After the gold the breakthrough triangle resistance, the technical trend to gradually improve short-term moving average line has to rise above the center line moving average midline moving average rebounded, and is currently a high consolidation, short-term support and resistance were 100 Antenna $ 1614and mid-June, the high resistance of $ 1,633. To follow recommendations to invest in the gold price up to wear $ 1,615 to establish long positions in London gold investors, we can maintain the target price at $ 1 630, the stop price is $ 1,605.
Federal Reserve Board on Thursday (2) the early morning announcement on interest rates, the results of the meeting, the ECB will publish the results the same evening, the two meeting on interest rates of no measures or implied introduced stimulus measures, is expected to fall may will lead to gold slowed down.
Other precious metals generally rose yesterday, September silver futures closed up $ 0.53, or 1.95 percent, to close at $ 28.03; October platinum futures rose $ 3.6, or 0.26 percent, to close at $ 1,411.8; 9 month palladium futures rose $ 16.5, or 2.89 percent, to close at $ 588.35.
2012年7月23日 星期一
Gold as a traditional inflation hedge tool
The data show that U.S. initial jobless claims last week, a significant increase in the U.S. mid-Atlantic manufacturing activity weakened, so the Fed to introduce more economic stimulus measures to help boost investment in gold charm.
Gold as a traditional inflation hedge tool has been dropped from earlier this year level, the Fed did not introduce a more proactive approach to stimulate the economy; Fed Chairman Ben Bernanke's speech last week, again, no hint of the upcoming new round of asset purchase program.
The analyst said: "If we expect the U.S. will have more liberal policies, I expect gold buying promote, quickly soared to $ 1,800 this year highs."
Kiro, vice president of RBC Wealth Management, said that gold still have received more than $ 1 600 per ounce, which is more to improve the technical scenarios.
The analysts said that corn futures prices to a record high also helped push up gold, because corn prices are regarded as inflation.
Last Friday, the New York gold futures to get rid of morning weakness modestly higher New York gold futures for August delivery rose $ 2.40, or 0.2 percent, to close at $ 1,582.80 oz.
But on Thursday, Friday of gold modestly high, but not enough to erase the whole week decline, gold fell 0.6 percent the week.
$ Index is the second consecutive day to rise, analysts said David Lennox, the dollar index continued Young to become the main cause of the price of gold under pressure, the investor was not seeking a safe haven like gold, but to determine the value of the assets bought by the solid support, will not easily fall.
This week, Greece has once again become the focus of the debt crisis in Europe, because creditors will evaluate Greece deviate from the relief how far the target, increased the doubts of Greece out of the euro.
German Vice Chancellor Philipp Roesier said that Greece can not meet the relevant conditions, will not get more money. Roesler said, doubt very much they can save Greece, Greece out of the euro are no longer people feel afraid.
Song Guoqing, member of China's monetary policy committee forecast that China's third-quarter gross domestic product (GDP) annual growth rate may slow to 7.4 percent, echoed Premier Wen Jiabao said earlier that the economic difficulties may persist for some time warning.
gold price volatility
The fourth largest Spanish autonomous region Valencia, financial difficulties, need help to the Spanish Government; In addition, the market is more outgoing Greece will emerge the euro area news, market concerns about the debt crisis in Europe is heating up again, Europe and the United States stock market and the risk of currency that day generally fell, dragging down the price of gold also see down in Europe, the middle, but Russia last month to increase gold reserves of the message constitutes support for the gold, the gold period in the United States since the lows by the down turn to New York, August gold closed up 2. $ 4, or 0.15 percent, to close at $ 1,582.8;, London gold rose $ 3.4, or 0.21 percent, to close at $ 1,584.7 an ounce.
Technically, the narrowing of the gold price volatility, continued around $ 1 580 on and off for the interval in the triangle is brewing breakthrough in the current triangle top and the bottom has been narrowed to $ 1609 and $ 1.56 thousand. Continue to advise investors to buy low and sell high strategy, $ 1,573 to establish long positions, the target price of $ 1,590, stop-loss price of $ 1,566.
European debt crisis worries heating up again, the euro against the dollar to maintain the downward trend, the funds continue to flow into the U.S. dollar hedge, due to the uncertainty of the debt crisis in Europe has not diminished, it is expected that the U.S. dollar short-term will still remain strong, the price of gold is a bearish factor, the price of gold Once a breakthrough down opportunity is likely to be larger. Therefore, once the price of gold fell below $ 1,566, the investor can establish a short position, the target price of 1530 U.S. dollars, stop-loss price of $ 1,575.
Reuters poll forecast of 10 importers in India, gold dealers and brokers for the third quarter of 2012 India's gold imports, the median estimate of 135 tonnes, compared to 205 tonnes a year earlier (2011) have fallen sharply to 34 %, mainly due to Indian rupee depreciation to the high local price of gold, decorated with gold and investment demand remains in the doldrums. (Source: Reuters, 2012 July 18)
Last Monday the German Constitutional Court said that "will be announced on September 12 ruling on the EU financial agreements and the European stability mechanism (ESM), to enhance market concerns about the debt crisis in Europe, the price of gold fell to 1,578 dollars, but the United States released 6 Retail sales fell 0.5% (lower than the predicted value growth of 0.2%), showing the strength of the U.S. economic recovery slow to attract the buying approach of the gold market, pushing up the price of gold rose to U.S. $ 1,594. Tuesday, Spain successfully auction € 3.56 billion bond, driving the highest price of gold rose to U.S. $ 1,599, but Fed Chairman Ben Bernanke in Senate testimony only reiterated that it will take further action to promote economic recovery, the labor market does not improve, but no mention of a new round of quantitative easing measures, the emergence of the gold market disappointment selling gold quickly dropped to 1,571 dollars. Wednesday German auction of 4.17 billion euros of 2-year bonds, the first negative yield, that the market continued to worry about the debt crisis in Europe, together with the United States announced the increase in June housing starts to an annual rate of 760,000 (higher than the estimated value of 74.5 million, and since October 2008, a new high), the price of gold continued to fell to 1,567.34 dollars, nearly one week lows. Thursday the United States released the week before the first application for unemployment benefits substantially increased 3.4 million to 38.6 million existing home sales unexpectedly fell in June to 4.37 million in June leading indicators fell 0.3 percent, and weak economic data, renewed market more to stimulate the FED launched the expectations of economic policy, pushing up the price of gold rose to U.S. $ 1,591 Friday by Spain of the autonomous region of Valencia, will the Government of Spain financial aid requirements, the Spanish 10-year bond yields surged to 7.284 percent, the euro the dollar fell to 2-year low, the price of gold fell to 1,573 dollars, but the Russian central bank announced gold reserves increased by 6.2 metric tons in June, pushing up the price of gold back above $ 1,580, the final offer of U.S. $ 1,582.73, compared to the previous Friday (July 2012 13) was last quoted at 1,588.44 U.S. dollars, down $ 5.71.
2012年7月22日 星期日
invest in Gold
Like anything, gold prices are not stagnant and have changed throughout history, from a value of $260 US dollars in 1960 for 1 troy ounce of gold to a huge peak of $2359 US dollars in 1980. Gold is not a fully secure option as its value can often go through highs and lows.
Gold has been a sought after item since the beginning of recorded history and has been used as a currency for exchange and investment for hundreds of years. In times gone by, gold was often traded along with silk, amber, rice and sugar along the ancient international trade routes that exist across China, India, Europe, and Asia.
Many people have historically and still do today invest in Gold. It is often considered as a somewhat secure investment as it usually provides a defence against external factors such as social reform, political issues and economic crises. Somewhat protecting your investment from these factors in a way that it would not have been protected if it had been invested your money into a bank account or property for example. This is not to say that gold is impenetrable, although some consider it to be a more secure investment then other options it is still affected by external factors which could increase or decrease the value of your investment, and this is clearly illustrated below.
Currently the price and worth of gold is on a steady incline and is at the highest value for twenty eight years, meaning that this could be the perfect time to cash in your investment or get some cash for gold you may have lying around your house, maybe an unworn ring or bracelet or even an old gold tooth.Article Source: http://EzineArticles.com/5317581gold prices
2012年7月21日 星期六
Gold Coin
.Other examples may be The Canadian Maple Leaf Gold Coin, or the South Africa Krugerrands. Well known brands usually lead to an increase in demand. And with demand, coins boost their value. If for gold bullion the value is set by the material used for fabrication, by the trust the brand builds into people, another important factor that determines the numismatic value of a coin is rarity. A collector will always want to have in his collection a rare and old currency, or even unique. Uniqueness might come from a mint error for example.
They are worth at least as much as a piece of the same metal with the same weight. And in these times of crises, deciding to buy gold bullion is the best thing one can do. This is one factor that you don't have to worry about, because it will always be extremely well rated on the market.
Another important factor that determines the value of a coin is the numismatic factor. Whenever you decide to invest you can use bullion coins.
Their value are mainly the value of the same quantity of gold, while numismatic currency bring people another profit-personal satisfaction. If you are a coins collector, then your best choice would be precious metal ones.
The degree of notoriety of the currency is another factor that might set the value for gold coins. There are some of them very famous, among which the best known is the American Eagles Coin.Article Source: http://EzineArticles.com/4701315
Gold Coin
2012年7月20日 星期五
Gold Is Inching Toward a $400 Breakout Probability
It's too soon to tell if the gold price breakout will be to the upside or the downside.
In fact, the likelihood of a $400 breakout is itself, merely a probability!
It is the charted price pattern over the past year that leads me to consider the possibility that we are approaching a gold price breakout.
Furthermore, charted price patterns are only one of the "technical" factors, and technical factors are only one of three general factors that influence price movements. The other two are the "fundamentals" factor and the factor known as "market trader sentiment."
Obviously, the influence of three different general factors (each with numerous indicators) provides a complex collection of information that can only suggest probable outcomes.
Instead of becoming another predictor of gold's price, I'll stick with simply pointing out the probabilities. After all, no one really knows what the market is going to do.
Any time that you hear or read of people claiming to "know" what the markets are going to do, you are listening to (or reading) mere speculation. They might very well to turn out to be correct in their speculation, but it is wrong and naive to claim that one "knows" what the market will do.
Too often, many new traders jump to the invalid conclusion that a particular "stock market guru" has the ability to know where prices are going, simply because their "predictions" are often correct. The truth is that they are merely studying the probabilities and drawing conclusions about what the market probably will do. That's an important distinction to remember.Article Source: http://EzineArticles.com/7145017gold price breakout
2012年7月18日 星期三
Why Do Gold Prices Rise?
Obvious factors that can cause a sudden change in the price of gold are natural or historical disasters: world wars, global-scale economical crises, fall of the real estate market, bank failures, famine, pandemics or other worst-case scenarios alike..
Ever since 1919, the price of gold has been set by the London Gold Fixing, a procedure through which representatives from five bullion-trading firms of the London bullion market conduct a teleconference twice a day, at 10:30 a.m. and again at 15:00 p.m. and settle on the price of gold. This is generally recognized to be the benchmark for the day-to-day specific value of gold or gold-related products, so if you're interested in investing in gold, be sure to tune in twice a day to London Gold Fixing.
There are direct and indirect forms in which one could invest in gold. Certificates, accounts, derivatives, or shares are indirect forms of investment. The level of purity in bullion coins varies from issue to issue, but 99.9% purity is the most commonly found, a good enough reason for you to choose them when deciding to invest in gold.Article Source: http://EzineArticles.com/5598650 Gold Prices Rise
2012年7月17日 星期二
Online Gold Trading Vs Forex Trading
1. Simple analysis
One of the best advantages about trading gold over forex trading is that it does not require complex analysis. Beside, you don't need much knowledge about the market for you to be successful. Unlike trading currencies, online gold prices are not affected by many factors. This reduces the number of parameters needed to do the analysis.
2. Easy predictable patterns
The patterns of gold market are actually somewhat predictable unlike forex market. Due to the easy predictable patterns, the online gold trading is becoming more appealing to investors day by day. The gold traders don't need some genius mind to predict the patterns in the gold market. Again, few factors affect the gold patterns leading to easy predictability of its future prices. One of the major factor affecting online gold prices is the value of US dollars.
3. Little system supervision
Another important advantage of online gold trading over currency trading is the little supervision required. Gold prices do not change drastically as noticed when trading currencies. This means you don't need a lot of time to monitor the system. Actually you just need to dedicate a couple of minutes each day to check the system. For forex trading, you have to be updated every time as the prices changes drastically. Several people trading currencies monitor the system every minute. This is common with day trading activities.
Article Source: http://EzineArticles.com/6477157
3 Components Affecting The Gold Rate In India
Gold Rate
1) History of Gold
Gold is just not thought of as simply a yellow metal or investment which comes in and out of season. It truly is viewed moreso as part of the culture, a bedrock in the society if you will. Indians view gold as the foundation by which planet earth was made. Gold can be regarded as the greatest object of their total affection. It is often handed down from one generation to another and is the last asset sold at any time at all. In such a way, Indians view gold the same way Americans view cash, as being the ultimate safety vehicle. However, over the years, gold has assisted in maintaining purchasing power for it's owners, while cash hasn't.
2) Gold Gifting for Weddings
Gold and jewellery expenses makeup approximately 30-50% of combined marriage expenses. Gold is given instead of cash because it is viewed as eternal and everlasting. With today's rising gold rate in India, there's no reason to expect this trend to slow any time soon. It should remain one of many important aspects for years to come.
3) Increased Jewelry Demand
he jewelry marketplace is currently valued at approximately $27.5 billion (INR 1.22 trillion) and it has been growing on a 15 % clip. Much of this is a result of increased income levels in India, rising purchasing power as well as a higher gold price. In India, gold jewelry is viewed as a safe and secure investment option that may retain it's investment value.
Article Source: http://EzineArticles.com/6524355
Gold Predictions for 2012 - Would You Trust Someone Who Never Made a Mistake?
Gold Predictions from HSBC
HSBC actually lowered their initial forecasts for 2012 and 2013 from $2,025 and $1,850 an ounce to $1,850 and 1,800 an ounce. They also made a forecast of of $1,750 in 2014.In their long term prediction (2015-19) the gold price would steeply go less to $1,500 an ounce.
Gold Predictions from PNG
The Professional Numismatists Guild (PNG) a half century old, NGO(founded in 1955) which is composed of the nation's top rare bullion coin dealers conducted a poll among its 30 members and the following result came up.
Estimated Prices at the end of first quarter 2012:
Lowest estimated prediction: $1,475
Highest estimated prediction: $2,155
Mean average (30 respondents): $1,759.57
Estimated Gold Prices at the end of fourth quarter 2012:
Lowest estimated prediction: $1,450
Highest estimated prediction: $2,575
Mean average (28 respondents): $1,976.22
Lowest estimated prediction: $1,475
Highest estimated prediction: $2,155
Mean average (30 respondents): $1,759.57
Estimated Gold Prices at the end of fourth quarter 2012:
Lowest estimated prediction: $1,450
Highest estimated prediction: $2,575
Mean average (28 respondents): $1,976.22
Gold Predictions From Wall Street Firms
Several Wall Street firms also published their gold forecast for 2012. The Goldman Sachs predicted that prices will peak at $1,900 per ounce and they estimate that the price of gold will peak at $1,810 per ounce in 2012.They had made this prediction based on factors like Buying of gold as a security by central banks and a strong physical demand from investors, the European sovereign debt and the negative real interest rate environment in the U.S
"We believe that prices will recover in 20Article Source: http://EzineArticles.com/6813952
2012年7月10日 星期二
Why Gold Should Be Part Of Your Stockmarket Portfolio
gold price
Why the outlook for gold is so bullish
The starting point for the analysis of any commodity is supply and demand, and for gold the simple fact is that supply is declining and demand rising
The gold supply
World mine production began to level off in the 1990s as gold traded a wide range but remained significantly lower than previous peaks, and by 2004, production was falling at a rate of 5% p.a. according to the World Gold Council. This as yet has not changed significantly and is a long term factor because it can take almost a decade for a rise in gold prices to generate exploration and eventual exploitation of new mines.
In terms of the existing supply, much of this has come from ongoing central bank offloading of gold, and here many developed countries have now stopped both official and unofficial sales of gold. Previously, and as a result of the need to diversify, central banks carried out regular gold sales, but in some cases (see below) the reverse is happening as finance ministers see the need to protect against the inflationary consequence of fiat monetary policies that are rampant across major western economies.
Another aspect of supply that is changing is forward selling from gold producers, where output prices were traditionally locked in to protect against potential future falls in gold. This was a normal part of commodity hedging, and to some extent it might have helped keep the price down, but given the ongoing bull market, mining companies now run the risk of losing potential future profits if they hedge into rising prices. It is estimated that global gold producers have reduced forward sales by over 40%, which would result in a drop in supply of almost 1000 tonnes.gold price
Demand for gold
A big change in demand has come from central banks in China, Japan, India and Russia as a result of the need to diversify their vast US dollar reserves to some extent. The Russian central bank has hinted more than once that it plans to double its gold reserves, and the subject has regularly been mentioned by the Chinese central bank. All this is mainly as a result of the high proportion of trade-related US dollars flowing into their coffers, which has made them gold priceproportionately more reliant on the value of those dollars held.
Asset allocation and investment in gold
Back in the 1970s commodity investment was an essential part of asset allocation for diversified portfolios, but despite the long term bear market ending just after the turn of the millennium, many investors continue to shun gold stocks. The two biggest gold stocks in the world are Barrick Gold Corporation, now valued at $36bn, and Newmont Mining, worth £21bn, and the total value of the top ten gold stocks is less than $150bn. If you compare this with the current value of Exxon Mobil at $505bn and it can be seen how insignificant gold stock valuations remain given the continued potential of this sector.
M3, inflation and the gold pricegold price
With M3 money supply growing rapidly in most of the developed economies, the only outcome other than drastically higher interest rates, which looks unlikely, is a devaluation of currencies as has been the case throughout the last century. Should the dollar continue to move to lower ground as measured by the dollar index, which looks likely, further diversification into gold and other asset classes as a protection against the falling value of dollar reserves is likely to accelerate.Article Source: http://EzineArticles.com/873719gold price
2012年7月9日 星期一
Predictions of Gold Price Trend
Predictions of Gold Price Trend
The peak price of gold can reach $5000 per ounce as per the analysts as the current economic output is many times greater than 30 years ago. As today's market is based on trader's emotions and mass psychology many would not believe that the gold price may increase to $5000. Because of this normally the predictions made by different analysts will be different.A common question may be bubbling in many minds about who are buying gold and driving their prices up. The market traders today are showing a lot of interest in buying gold. But a lot of ordinary folks are also buying gold. This is because they can buy and sell gold as a contract in their trading platform. The government also reserves gold for dealing with other countries as a better form of payment. Many people invest in gold as they lose confidence in paper currency. There are many causes for this volatile nature of paper currency. They may be political unrest, economic depression and rising inflation. There are many other factors which affects gold rate. Due to the increasing political and economic problems all over the world, many would always prefer to have a form of currency that has high value.
Article Source: http://EzineArticles.com/5515970 http://goldenprice.blogspot.tw/p/reasons-for-gold-price-to-increase.html
Why Gold Prices Will Continue to Rise
US and World Inflation:
If inflation rises both overseas and abroad, we will see gold continue to head north. It is one of the biggest hedges against inflation. With the Us, and now Europe, in what many are calling extreme national debt
If inflation rises both overseas and abroad, we will see gold continue to head north. It is one of the biggest hedges against inflation. With the Us, and now Europe, in what many are calling extreme national debt
Demand for Jewelry and Other Manufactured Goods
As China and India increase both their demand for gold jewelry as well as electronics like cell phones, the demand for Gold should continue to rise quite rapidly over time.
As China and India increase both their demand for gold jewelry as well as electronics like cell phones, the demand for Gold should continue to rise quite rapidly over time.
Many experts are predicting gold prices to rise in excess of $2000 per ounce within the next 2-3 years. A great way to invest is to directly purchase Gold Eagle coins from the US mint and store them away in a safe place. If you don't like this idea, an investment in a Exchange Traded Fund, such as ticker symbol GLD, is the next best thing.
Article Source: http://EzineArticles.com/4289366 Why Gold Prices Will Continue to Rise
Latest Movements in the Price of Gold
The price of gold is rising rapidly day by day. Therefore, the future of gold prices is highly uncertain as the fiscal and monetary policies keep on changing along with the fluctuation of the value of currencies.The price and market value of euro is the highest nowadays, while dollar is losing its value. A recent downfall in price of the dollar and improvement in equities forced the price of gold to remain in the trading capacity. The improvements in the equities have led to the stability in the price of gold.
The measurement of the movements of the price is estimated according to the demand of these sectors which utilise gold. Gold is also like any other metal. If its demand is as good as its supply, the price will not rise. However, sometimes the case is different, as there are various factors determining the fluctuations in price.
Demand for gold has always gone up and accordingly a few factors responsible for the fluctuation in the gold price. These factors include oil prices, exchange rates, inflation rate, political and military affairs, interest rate and demand of gold by banks.
Gold price movements are dependent on the currency fluctuations. If measuring the price movement in a particular country, then we have to measure them according to the currency of the country and not compare it internationally. As, the price of the currency fluctuates the price of gold fluctuates along with it, and the demand is affected as well.Article Source: http://EzineArticles.com/2743126 Price of Gold
2012年7月8日 星期日
Pearl And Silver Jewelry Prices And Factors That Affect Them
Raw silver is priced approximately $1200 per kilogram. This means that for every kilogram which is bought by the jewelry designers to work on, they have to price the silver jewelry such that the final price fetches them a good profit. Thus even silver which isn't expensive when compared to precious metals like gold works out to be expensive when it is a finished product. However, a silver necklace is far, far lower in cost than a gold or a platinum necklace.
A kilogram of gold costs about $53,000 and hence one can imagine how expensive jewelry made out of such a costly metal would cost. A silver necklace costs on the average anywhere ranging from $20 for a thin, dainty one with no adornments expect perhaps a pendant to $1000 for a superbly crafted necklace which is elaborate both in terms of form and the amount of skill needed to create it.
The quality of the pearl is determined by the roundness of the pearl in question, the curious shine that emanates from the surface of the pearls and of course, whether the pearl is naturally occurring or created artificially. Artificial created pearls can easily be found because the shine they give out is no where as lustrous as the natural ones' shine. A good quality pearl earring can cost from $10 for non-round pearls to almost $100,000 for truly exceptional pieces made with white gold and the absolute best quality of pearls.Article Source: http://EzineArticles.com/6331487
2012年7月7日 星期六
The Real Price Of Gold
The Real Price Of Gold
Still, as impressive as the gold bull has been, its price remains stuck in the days of disco and Jimmy Carter
Gold Getting Even Rarer
That startling observation is from Larry Edelson of Weiss Research, and what he means here is that gold isn't just undervalued at today's $700+ price, it's a steal .Which, by any investor's standard, would still be a steal. Edelson's premise is that gold would "have to more than triple just to regain the same purchasing power it had 26 years ago!"The funny thing is, gold is supposed to be the ultimate inflation barometer. Its price is supposed to honestly tell us, from generation to generation, just how ridiculously inflated the dollar has become. So what happened? What's been keeping the precious metal from telling us the cold, hard truth? That's a good question. Whatever the answer is, whatever mischief the central banks have been up to in manipulating the precious metal, it will all soon give way to the irrepressible pressure that's been building.
Has something happened to change gold's dynamics these past 27 years? Has there been some gigantic gold find? Production has not only stalled, it's been rolling backwards . The South African gold industry, for just one precious metal producer, looks like it's running out of bullets. Back in 1970, 70 percent of the world's gold came from that country. By the 21st Century, though, SA production had shrunk to a mere 14.5 percent of global output.
South Africa isn't alone in this. "After peaking in 2001, world gold production has been steadily slipping. One reason for the lack in new supply is there haven't been any big discoveries of gold deposits in a while, certainly not on the scale seen in the 80s and 90s. For the few discoveries that were made, the length of time needed to develop and extract their deposits has lengthened from four to seven years," wrote Bernard Baumohl, Time magazine's senior economics reporter.Gold At An "Inflation-Adjusted" $2,176"In terms of today's dollars, gold reached $2,176 in 1980."The Real Price Of Gold
Article Source: http://EzineArticles.com/814455
2012年7月6日 星期五
Buying Gold Coins - FAQs
Why Should I Go For Gold Coins?
The most important reason is the relative stability of the gold market and the high returns you get. When compared to other investments, gold is an asset which you can dissolve easily in case of an emergency. Another benefit of buying this precious metal is the ease of storage and transport.
When Should I Buy Gold Coins?
Some people prefer buying this precious metal on auspicious occasions like the Akshaya Tritiya day, while others purchase for birthdays, anniversaries, and on special occasions.
What are the purity levels of gold coins?
The purity of gold is measured in karats. Some of the popular purity levels are 24 karats, 22 karats, and 18 karats. Coins generally come in 24 karats (99 percent pure) and 22 karats (91.67 percent pure).
How Can I Identify The Purity Level?
Check for BIS Hallmark symbol, which indicates the purity level. This symbol has five components - the Assaying and Hallmarking Centre's mark, fitness number (karat), Jeweller's identification mark, code letter (year of making), and finally the BIS mark.
Where Can I buy Quality Gold Coins? Article Source: http://EzineArticles.com/7079199
2012年7月5日 星期四
Gold Price Influence
Gold is a safe heaven investment against inflation and economic uncertainty, this is the reason we have been seeing gold rising steadily in recent times. Since gold is traded in US currency, it is also directly influenced by changes in the exchange rate and a weaker US dollar usually means an increase in gold price. This is true because investors choose to sell US currency and buy gold with it in order to protect their assets as the US dollar continues to decline.
Supply and demand of physical gold also has a great influence on gold price. India and China are by far the biggest consumers of gold in the world, and the demand for jewelry and bullion at any given time will drive gold in either direction. The people of India have a longstanding tradition to accumulate gold jewelry as a sign of wealth and as these countries become more powerful and prosper, the physical demand for gold would be higher.
The political and economic situation in the world also has an effect on the price of gold. During the recent recession when the interest rate dropped to near record low levels, the price of gold has been steadily on the rise.
Tensions in the Middle East also have a direct effect on gold prices since gold is highly influenced by other commodities such as oil., the sad truth is wars drive economies and while most governments would never admit to it, wars are very profitable and necessary to sustain economic activity and increase global wealth.Article Source: http://EzineArticles.com/4897955
2012年7月4日 星期三
What Causes the Price of Gold to Fluctuate?
Currency Inflation
This perspective is inaccurate. Inflation is technically an increase in the money supply. This has a direct effect on how gold prices move in relation to a country's currency.
To explain, suppose you used every U.S. dollar to purchase every product in the world.
Gold is used as an exchange unit of value because it cannot be arbitrarily produced. It is a near-perfect store of value against supply and demand.
Central Banks
The above discussion leads directly into the role of central banks in the context of how they influence gold prices. They can do so in two distinct ways. First, central banks can decide to sell a portion of their reserves or buy more on the market. The amount sold each year is limited to 400 tonnes to help avoid a glut in the market that drives gold prices downward.
Article Source: http://EzineArticles.com/3939148
Factors That Drive The Price Of Silver
Factors That Drive The Price Of Silver
This is actually a very good question and the answers might just turn you into a silver investor yourself. Let us look at the important factors that drive that will answer this very important and interesting question.
Currency Devaluation
Fortunately, the precious metal industry has remained independent of this because it is in them that currencies are actually pegged, particularly gold.
Fortunately, the precious metal industry has remained independent of this because it is in them that currencies are actually pegged, particularly gold.
Great Demand
That is why people are now lining up to buy every ounce of silver their money will allow. Silver is actually a bit cheaper than gold but an equally wise investment. This is the reason why people who have lesser money to invest turn to silver. The greater the demand, the higher the value of the commodity as the law of demand and supply dictates.
That is why people are now lining up to buy every ounce of silver their money will allow. Silver is actually a bit cheaper than gold but an equally wise investment. This is the reason why people who have lesser money to invest turn to silver. The greater the demand, the higher the value of the commodity as the law of demand and supply dictates.
Wide Industrial Use
It is also used in the electronics industry because it is actually one of the more reliable conductors of electricity aside from gold. Silver is also widely used in making silver coins and silver coin bullion which are great investments as well. The list may go on and on proving silver is recognized in almost all industries.
It is also used in the electronics industry because it is actually one of the more reliable conductors of electricity aside from gold. Silver is also widely used in making silver coins and silver coin bullion which are great investments as well. The list may go on and on proving silver is recognized in almost all industries.
Probable Shortage?
That is why the probable shortage of silver supply is what makes it even more valuable. Now that people have been heavily affected by the financial downturn, they are starting to realize the value of silver. There are even reports that even minting industries all over the world have had troubles securing pure silver to mint their silver coins. Moreover, there is no way to detect if the supply of silver is indeed dwindling.
Article Source: http://EzineArticles.com/6867545 That is why the probable shortage of silver supply is what makes it even more valuable. Now that people have been heavily affected by the financial downturn, they are starting to realize the value of silver. There are even reports that even minting industries all over the world have had troubles securing pure silver to mint their silver coins. Moreover, there is no way to detect if the supply of silver is indeed dwindling.
Price Of Silver
Gold Market Price
Since 1919, the most well- known way of pricing gold has been to use London gold fixing. London gold fixing is done via a telephone meeting between many different representatives from gold trading firms that are involved in the London gold and silver bullion market. The gold fix is always assigned in United States dollars, Euros or British pound starlings. The current firms that make the decisions on gold market pricing include Deutsche Bank, HSBC, Société Générale Scotia-Mocatta and Barclays.The London gold market is comprised of a variety of international trading firms and is owned by the Bank of England. London, England is by far the most unrestrained gold trading market operating in cities such as Tokyo and New York City. Market examination is obligatory to distinguish the various types of trends that gold may undergo in the gold market. This inevitably affects the gold market price. Many investors will study historical trends to see if there is any fluctuating market average that can be taken into consideration when pricing the gold. Market average is determined using a series of data and analyzing them in a certain type of arithmetical system. Many websites have chronological data in the form of graphs and analytical documentation that can aid investors in making decisions as to whether they should acquire gold in their portfolios. There are many factors that contribute to the gold market price as well and they include stability of US dollar, government policies, international financial rates, manufacturing demands, mining costs, which despite it being one of the more capricious investments one can make, this can certainly affect gold prices; the liquidity factor, which determines how liquid the gold is that is operating in the market and inflation and deflation, which are economic terms that predict the ebb and flow of equity pricing.Article Source: http://EzineArticles.com/6739889
2012年7月2日 星期一
Possible Risks In Gold Investment
Gold Investment
Risky Investment Strategy
Several collectors and investors venture on physical asset like gold because these commodities can be seen and touched. However, it can be risky to have your investment at home. If an investor is not cautious enough, he can come home and find his safe empty and his investments gone.
Buying gold stocks is a risky business. Again, the price of this yellow metal is not constant. It goes up and down almost every day. The truth is, it really doesn't matter how high the rate of gold goes, if you invest in a fundamentally unsteady gold company, there's a great probability that you will lose your money. T
Risk In Gold stocks
It is important to know that gold stocks are not gold. Think of it as a share. You get the share from gold mining companies. Basically, if gold price in the market rises, profits of the gold mining company should also rise.Article Source: http://EzineArticles.com/6640435 Gold Investment
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