Gold Outperforms Dow in 2011
gold
Spot Gold Price
Investing In Gold Beats Dow for 2011
The stock market closed down for the day while gold closed up for the day. But, that’s not the whole story. With the trading markets now closed for the year it looks like the Dow Jones index was up 8 1/2% for 2011. Now, that’s not bad for a year with all the financial turmoil in the US and Europe. Read more 
Gold Could Reach $2,000 in Six Months
Spot Gold Price Could Reach $2,000 in Six Months
Tony Hall, chief investment officer of Duet Commodities Fund Ltd., discusses the outlook for gold and copper. He speaks with Francine Lacqua on Bloomberg Television’s “On the Move.”
Gold Spot Price Forecast
Gold spot price forecast
Gold bars
As I’m writing this the New York spot price of gold is $1773 down so far for the day by $39 an ounce. So, in the light of this large decline, some may be thinking that the phenomenal rise in the gold price has finally come to an end. Well, I’m not one of them.
Personally, I think with the European crisis still unresolved and many in the know financial experts predicting that Greece is going to have to default, and our own government’s continuing to push for new stimulus, the spot price of gold at least to me seems certain to go over $2000 an ounce perhaps as soon as the end of the year. Read more
Gold Price Hits $1900 Per Ounce
Arizona gold nugget
Gold price
Today’s precious metals market was somewhat mixed with gold up $18 per ounce to a record of $1900 per ounce. But at the same time, silver and palladium were both down.
So, even with the government intervention in the commodities future markets in the last few weeks, all that was accomplished was a minor pullback in precious metals that actually created a great buying opportunity.it was just about a week ago, actually it was onAugust 30, 2011 where I wrote that gold (gold price) had just gone over $1800 per ounce.
Well, it may not happen immediately, but the strong momentum behind the upward gold move would seem to indicate the likelihood that by year’s end the spot gold price will be over $2000 per ounce!
Spot Gold Price Drops
crystalline gold nugget
Spot gold price
Spot gold on the New York exchange closed down $41 per ounce today. Many believe this is a continuation of the down move that started last week. Last week, from being near $1900 an ounce on Monday, by Wednesday evening the New York spot gold price was approximately $1750 an ounce, or about an 8% drop! Read more
