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Gold price
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Interested in buying gold? Find out what type of gold you should invest in, what to do when you’re ready to buy gold and how to avoid getting scammed.
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Professional jewelers and jewelry appraisers often use gold acid tests to determine gold jewelry’s value. Different acids react differently when dripped on specific base metals, allowing you to tell how pure your gold is. Since gold is so soft, most gold jewelry today is made of an alloy of some kind.
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Gold prices are moderately up and have hit a six-week high in early U.S. trading Monday. Some new geopolitical developments in the Middle East and an increasingly bullish near-term technical posture are prompting more trader and investor buying interest in the yellow metal. Gold prices are now…
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Gold prices have been on a remarkable rally, catching the attention of investors worldwide. According to a recent report by Citigroup, the precious metal is currently basking in the limelight, with experts foreseeing a potential surge to $3,000 per ounce in the near future. The report attributes this impressive price surge to a confluence of factors, including accommodating monetary policies, inflation concerns, and geopolitical uncertainties. Gold seems to be thriving amidst a perfect…
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Responding to a weaker U.S. dollar, continued contraction in global growth and wide speculation that interest rates will stay near-zero for the remainder of the year, the yellow metal broke above its 200-day moving average and is close to erasing its 2015 losses.
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1 kilo (or kilogram) is 1,000 grams. For those familiar with the US measurement system, a one kilo gold bar weighs around 2.2 pounds. Since there are 16 ounces in a pound, we're looking at about 35 ounces of gold here! With the current price of...
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