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10
Dec

Gold Price and the Dollar | 2018 Gold Price Outlook

The spot gold price and the dollar

gold bars - spot gold price - Gold Price and the DollarGold Price and the Dollar . . . This past week the dollar moved up in the spot gold price move down, actually, it was the worst week for gold prices since July! This past Friday, the February gold futures price was down 2 1/2% from the prior  week to $1249.50 per ounce!

Yes, the spot gold price has now declined for three consecutive weeks in a row, and is now around its lowest price since late July. many gold analyst believe that the US Federal Reserve is going to hike interest rates at their next meeting. any time US interest rates increase,  the gold price usually declines against the dollar.

It seems now that many gold analyst are certain that a Federal Reserve rate hike is going to occur next week. It’s this outlook for an eminent US interest rate increase, that has pretty much been the major catalyst for the lackluster performance of the gold price over the last few weeks. now, many gold analyst are looking to 2018 for indications  of where the spot gold price may be headed in the new year. Read more »

5
Dec

Should You Invest in Gold or Silver

Invest in Gold

California gold nugget - Invest in Gold

California gold nugget

Most nuggets have already been discovered and even the largest in the past, have been melted down…

Pure gold is virtually non-existent in nature. High quality native colors are 22-23Kt (roughly 91-96%) pure. And by far most gold was formed in particles so small that they can’t be seen by the human eye, and most gold was formed as non-free milling, which means it is chemically bonded  will will will

with other minerals…like sugar dissolved in water: it’s there but you can’t pick it out. Read more »