Gold Price at Hew High

Gold Price at Hew High - Gold Nuggets for sale

Spot gold sets another new high at $2,403.30, up $20.20 so far today!

Gold Price at another NEW HIGH

Yes, if you’ve been reading my past post you know that it was just a few days ago, in my prior post I said that gold had said a new record high price, that was at that time $2,349.10.

gold bar

Well today, gold said another new high price, and is now at $2,367.20 it was up $16.20 on today’s session.

Many people have been wondering why gold is all of a sudden on a major move up. Well, for anybody keeping up with the latest news, the reason should be quite clear. It seems gold always moves up in times of crisis, economic instability and naturally a falling dollar. Today, unfortunately we’re seeing all of these occur, and these are the reasons that gold is gone to new highs. (more…)

By Bob711, 1 week ago

Gold investing

Spot Gold Price at New Record High

Yesterday, the spot gold price once again, set a new record high price,

Spot Gold Price at New Record High

Plus, yesterday saw a daily jump of $40.16 and ended the session at: $2,349.10

Investing in gold versus fiat currency.

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By Bob711, 2 weeks ago

Gold investing

The consensus for the value of gold

The consensus on the value of gold is a bit mixed right now (March 30th, 2024).

As of yesterday, March 28th, 2024, the spot price of gold was around $2,234.10 per troy ounce. (more…)

By Bob711, 3 weeks ago

Gold Metal detecting

Australian Gold Nugget Detecting

Awesome and inspirational Australian Gold Nugget prospecting video.

This has to be one of the best gold prospecting videos that I’ve seen. Not only is it well put together but it’s also instructional and informative for anyone considering hunting for gold nuggets with a metal detector. (more…)

By Bob711, 3 weeks ago

Gold Metal detecting

Over 5oz. GOLD NUGGET FOUND

Huge gold nugget found

I did it, I actually did it! You won’t believe this find! I recently uncovered a once in a lifetime Gold Nugget in the Australian bush.

This was not on private property or from a mine site just sitting a few feet under the dirt in a nondescript area.

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By Bob711, 1 monthMarch 10, 2024 ago

Gold investing

Gold Price Forecast 2024

The outlook for the price of gold in 2024 is generally positive, with many analysts predicting an increase.

Here’s a breakdown of some predictions:

Increase: Most experts expect gold prices to rise in 2024, potentially exceeding the historical high of $2,073 set in May 2024. Some even predict it could reach $2,300 or higher.
Factors influencing the rise: Lower interest rates, a weaker US dollar, and central banks buying gold are seen as factors that could contribute to the increase.
Uncertainty: It’s important to remember that gold prices can fluctuate significantly, and these are just predictions. Economic factors and global events can cause unexpected changes.
Today: As I write this, the AM spot gold price is: $2,165.10, a new HIGH!

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By Bob711, 1 month ago

Gold investing

Lackluster performance of gold price

Lackluster performance of gold price

With all the chaos in the world today you would expect the spot gold price to be way up. Considering that some people believe we’re the closest we’ve ever been to World War III, personally I would think we would be experiencing $3,000 Plus on the spot gold price!

But, what do I know I’m just an Arizona weekend gold prospector?

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By Bob711, 2 months ago

Gold investing

Gold Price Outlook 2024

With the spot gold price approaching $2,100 an ounce, what’s the outlook for the price of gold for 2024

Gold Price Outlook 2024

The outlook for the price of gold in 2024 is mixed, with some analysts predicting further gains and others expecting a slight decline. Here’s a breakdown of the current situation and potential factors at play: (more…)

By Bob711, 3 months ago

Arizona Prospecting

Gold Prospector Holiday Unique Gifts

Last minute holiday specials for the prospector or Junior prospector in your family. With inflation running rampant, it could be a good idea to invest in some additional precious metals.

Alaska Gold

1/2 oz of nice chunky Alaskan gold – $1,130

View other items . . .

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By Bob711, 4 months ago

Gold Prospecting

Volcano Gold

Within Colombia is an active volcano that emits more than 100 kilograms of gold each year.

Plus, when an eruption occurs, the amount of gold emitted sometimes ranges into the tons of material. (more…)

By Bob711, 5 months ago

Arizona Gold History

Arizona gold prospectors Thanksgiving

Arizona Gold Prospectors Thanksgiving

In the heart of the Arizona Territory, where the sun beat down mercilessly and the saguaros stood like silent sentinels, a motley crew of gold prospectors found themselves stranded on Thanksgiving Day. Their trusty wagon had succumbed to the treacherous terrain, leaving them stranded in a desolate canyon, far from any semblance of civilization.

Arizona gold prospectors Thanksgiving

As the day dawned, casting long shadows across the parched landscape, the prospectors gathered around a meager campfire, their faces etched with worry. Their supplies were dwindling, and the harsh desert offered little sustenance. But amidst the despair, a glimmer of hope emerged. (more…)

By Bob711, 5 months ago

Gold investing

Gold Buying

Gold Buying by Central Banks

Today, the price of gold is $1,987.90, off by $6.40.

800 tons. – That is how much gold China’s Central banks have bought this year, up 14% from last year, according to a recent report.

gold bars

Keep in mind, that China although the largest purchaser of gold, is by far not the only country that’s been snapping up the yellow metal.
Many other central banks is also purchasing gold. (more…)

By Bob711, 6 months ago

California Gold Prospecting

California Gold Nuggets

Gold metal detecting in Northern California.

In case you were wondering if there was any good gold still left in California, here are a bunch of gold nuggets that my friend Mike found with his GPX 6000 just a few months ago.

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By Bob711, 7 monthsSeptember 12, 2023 ago

Gold Metal detecting

Metal Detecting Huge Gold Nugget

Imagine finding a huge gold nugget like this?

If you’re into gold medal detecting, you certainly know what it feels like to get a good signal and then dig up a nice good or gold nugget. (more…)

By Bob711, 8 months ago

Gold Prospecting

Is Precious Metals Investing Dead?

With the Biden Administration pushing for digital currency, there’s been lots of ads to protect your money by buying gold. Even though I’m into gold detecting and gold investing, I think one must have to be a little skeptical of these ads to buy gold to preserve your wealth.

Now, I’m certainly not for digital currency because there will be absolutely no privacy, and the government will know everything that you’re doing, and probably more importantly, would be able to restrict you, or limit you in what you can buy at any particular time.

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By Bob711, 11 monthsMay 29, 2023 ago